Nestled in the serene Bayview, this charming three-bedroom, one-bathroom home with a single carpark presents an inviting opportunity. Constructed in 1974 with brick walls and tiled roofing, it sits on a level contour with an average condition both inside and out. The property, a cross-lease ownership, boasts a floor area of 60 square meters and is located at 2/152 Manuka Road. The capital value has seen a 32.14% increase from $560,000 in 2017 to $740,000 as of June 2021. The HouGarden AVM estimates it at $720,000, while the latest sales were recorded at $744,000 in February 2023 and $693,000 in June 2020. This home is perfect for those seeking comfort and convenience, with its north-facing aspect ensuring natural light and warmth.
With a government valuation on the rise and a promising rental yield, this property holds appeal for both investors and families. It falls within the Bayview School zone, a contributing primary with a decile rating of 7, and Glenfield Intermediate School, rated 6 on the decile scale. The location provides easy access to amenities, leisure facilities, and the motorway, making it an ideal blend of community living and urban convenience.
For those with children, the excellent school network is a significant highlight. Bayview School and Glenfield Intermediate offer quality education and are within close proximity to the property. This home is not just a house; it's an investment in a lifestyle. It's time to make your property dream a reality in this close-knit community.
Updated on August 30, 2024