Nestled in the heart of Torbay, at 10b Cranston Street, lies this exquisite 4-bedroom, freehold property, built in 2023 with a floor area of 130sqm and set on a generous 150sqm section. The residence boasts a mix of high-quality materials for the walls, a robust tile roof in good condition, and a single car park. This property presents an opportunity for comfortable family living with its spacious open-plan design, a modern entertainers' kitchen, and a private deck area. The capital value has seen a significant increase, reflecting a promising investment. The property is estimated at $1,090,000 according to the latest government valuation, with the HouGarden AVM indicating a slightly lower figure of $1,062,500, showcasing a potential growth of 2.5% in the market. Don't miss this chance to secure a home in a sought-after area with easy access to schools, shopping malls, and the beach.
History shows a consistent rise in the property's value, with a notable increase in the capital value over the past year. The recent sale history and the property's AVM reflect a strong market interest, making it an attractive prospect for both investors and families. This well-maintained home is a rare find in a location where modern-style properties are highly sought after.
For families with children, the school zone is a significant plus. The property falls within a highly rated decile, ensuring access to quality education. The proximity to schools and other educational institutions is an added bonus, making this property an ideal choice for those who value a good education in a convenient and family-friendly neighborhood.
Updated on August 21, 2024