Nestled in the heart of Point Chevalier, 60 Walker Road presents a charming 2-bedroom residence on a spacious freehold site of 723 sqm. Constructed in 1940 with brick walls and tiled roofing, this property boasts an average condition, both inside and out. The living area, complemented by an open-plan design, flows through French doors to a private deck that overlooks a massive garden and a workshop – perfect for family activities and entertaining. As a freehold property in a Residential-Mixed Housing Urban Zone, it holds great potential for land banking or development. Notably, the capital value has surged by 75% from $1,600,000 in 2017 to $2,800,000 as of 2021, with a HouGarden AVM of $2,775,000 and a recent sale history of $1,815,000 in 2024. The property is located in a prime school zone, with Pasadena Intermediate and Pt Chevalier School both boasting high decile ratings of 8 and 10 respectively, while Western Springs College is also in close proximity, catering to secondary education.
With its sunny aspect and convenient access to amenities, parks, cafes, and the coastal trail, this property is an ideal investment for residential buyers, investors, and developers alike. It's a unique opportunity to rejuvenate the existing house or start anew in a sought-after location, with easy connections to stormwater and wastewater services. This piece of Point Chevalier real estate, coming to the market after more than 30 years, is a must-see for those seeking a prime investment in a thriving community.
Education takes center stage with the property's inclusion in the highly esteemed school zones of Pasadena Intermediate, Pt Chevalier School, and Western Springs College. These institutions offer a quality education within a short distance, making this property an excellent choice for families with children of all ages.
Updated on November 13, 2024