306 Riddell Road, Glendowie, Auckland

Nestled on the prestigious Riddell Road, this freehold property is a gem in the heart of Glendowie, Auckland. Constructed in 1973 with roughcast walls and a mixed-material roof, it stands majestically on a land area of 1173 sqm with a floor area of 351 sqm. It boasts 5 bedrooms, 4 carparks, and maintains a good wall and roof condition. The capital value has seen a remarkable increase of 45.45% from $3,850,000 in 2017 to $5,600,000 in 2021. The HouGarden AVM estimates it at $5,462,500, while the latest sale was in 1991 for $475,000. This property falls within the decile 9 Baradene College, decile 10 St Ignatius School, Churchill Park School, and Glendowie College zones, ensuring top-notch education for the family.

With views of Browns Island and the Hauraki Gulf to the north, and Half Moon Bay to the east, this property presents an unparalleled opportunity. Whether you choose to live, rent, renovate, or land bank, it's a wise investment in a sought-after suburb. The location provides easy access to beaches, walking tracks, and the convenience of Saint Heliers Bay Village, making every day feel like a holiday.

Here is a residence that combines the charm of a quiet cul-de-sac with the potential for further height extension, offering you a chance to capitalize on a prime position that can't be overvalued. This is truly the land of opportunity.

Updated on August 28, 2024