Nestled in the serene cul-de-sac of Beckenham Avenue, this 1972-built residence with a cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. The 109sqm floor area is complemented by a brick exterior and tiled roofing, all in average condition. The property, with an easy/moderate fall contour, has seen a significant Capital Value (CV) increase of 56% from $1,060,000 in 2017 to $1,650,000 as of June 2021. HouGarden AVM estimates the property's worth at $1,582,500, while the latest sales in 2013 and 2005 were $740,500 and $383,000 respectively.
Despite the CV, this property presents a redevelopment opportunity, especially with its high-density zoning suitable for terraced housing and apartments. It sits on 812sqm of land with approximately 16m of road frontage. The location is prime, bordering Epsom and Royal Oak, with easy access to Royal Oak School (Decile 8), Baradene College (Decile 9), and other educational institutions. Post-flood, the unoccupied units are ready for immediate possession and are marketed as a package deal.
For families, the appeal is further enhanced by being in the zone for Royal Oak Primary and its proximity to Greenwoods Corner and Cornwall Park. This property is not to be missed for those seeking both convenience and potential.
Updated on April 09, 2024.