Nestled in the serene Cambridge East, this charming freehold property boasts a modernised 3-bedroom dwelling, constructed in the reputable year of 1960. The residence, with an area of 97 square meters, is complemented by wooden walls and a tiled roof in average condition. It sits gracefully on a levelled 617 square meter section, offering an idyllic lifestyle. The interior features include a well-appointed bathroom, separate laundry, and the comfort of a wood burner coupled with a heat pump for all-season climate control. This property, priced attractively at $695,000, has seen a Capital Value (CV) of $720,000 as of August 2022, indicating a promising investment. According to HouGarden AVM, the property is valued at $715,000, reflecting a steady growth potential.
History shows a consistent rise in the property’s value, with a notable increase in the CV over the years. The recent sale history further testifies to the desirability of this location. The property’s capital value has seen a significant percentage growth, making it an appealing prospect for both investors and homeowners.
For families with children, the property falls within a highly sought-after school zone. The local schools are well-rated, ensuring a quality education for the young ones. This, coupled with the convenient location near amenities like the Suburban Kitchen cafe and local dairy, makes this property an ideal choice for those seeking a balanced lifestyle.
Updated on November 27, 2024