Nestled in the serene Spode Place of Henderson, this 1978-built residence on a freehold title presents an inviting opportunity for builders or investors. The 3-bedroom, 2-carpark home sits on a levelled 600sqm section with a fibrous cement exterior and tiled roof, both in good condition. The property's capital value has seen a significant increase from $680,000 in 2017 to $910,000 as of June 2021, reflecting a growth of 33.82%. The latest sale history dates back to 2007 at $340,000, highlighting the investment potential. According to HouGarden AVM, the property is currently valued at $847,500, making it an attractive prospect for those seeking a rewarding project.
For families, the property falls within the zones of the well-regarded Bruce McLaren Intermediate School and Henderson High School, both with decile ratings of 2 and 3 respectively, ensuring quality education is within reach. Additionally, Henderson South School, a contributing school, adds to the list of educational options in the area.
With a touch of vision and effort, this property has the potential to transform into a cherished family home or a lucrative investment in a sought-after location, close to parks, amenities, and top-rated schools.
Updated on May 21, 2024