Nestled in the coveted cul-de-sac of 2/70 Archers Road, Glenfield, this delightful residence boasts a freehold title on a steep fall contour. Constructed in 1993 with fibrous cement walls and iron roofing, both in good condition, the property offers 3 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 100 square meters. The cross-lease ownership structure adds a unique dimension to this charming home.
With a government capital value (CV) of $1,125,000 as of June 2021, the property has shown a remarkable increase of 26.4% since July 2017. The HouGarden AVM estimates the property's value at $1,047,500, while the latest sale history from 2012 indicates a significant appreciation in value, from $300,000 to $430,000. This is a clear indicator of the property's growing investment potential.
For families with children, the property falls within the zones of both Marlborough School and Sunnybrae Normal School, both rated a decile 7 for excellence. Additionally, Northcote Intermediate and Glenfield Intermediate Schools, both at decile 6, provide further educational opportunities. This property not only promises comfort and convenience but also ensures access to quality education for your loved ones.
Updated on May 16, 2024