Nestled in a serene cul-de-sac at 32 Gall Street, Fairlie, Mackenzie, this charming 2-bedroom, 1-bathroom residential dwelling is set on a freehold section of 1022 sqm. Constructed predominantly of wood with an iron roof in 1900, the property boasts a fair condition and a level contour. The interior spans approximately 75 sqm and features a mix of original joinery and modern amenities, including a wetback off the Atlas fire and a freestanding Metro Log Burner. The property has seen a capital value increase of 27.08% from $240,000 in 2020 to the current government valuation of $305,000 as of July 1, 2023. HouGarden AVM estimates the property's worth at $285,000. The quiet neighborhood falls within the decile 6 Fairlie School, decile 9 Craighead Diocesan School, and decile 7 Roncalli College zones, making it an attractive option for families.
With a recent history of sales and a promising CV growth rate, this property offers a solid investment opportunity. The current asking price of $299,000 presents a chance to own a piece of history with potential for further enhancement.
Educationally endowed, the property is within proximity to well-rated schools. The Fairlie School is a contributing primary school, while Craighead Diocesan School and Roncalli College are esteemed secondary institutions, catering to a wide range of educational needs.
Updated on May 28, 2024