Nestled in the serene Chartwell Avenue of Glenfield, Auckland, is a 3-bedroom, 1-bathroom property with a single carpark, boasting a floor area of 92 square meters. This residential unit, built in 1970 with mixed materials for both walls and roof, is in average condition and is governed by a Cross-Lease ownership. The property, valued at $1,050,000 according to the June 2021 government valuation, has seen a rapid increase in capital value. The HouGarden AVM estimates it at $1,037,500, showcasing a promising investment opportunity. The location is further enhanced by its proximity to Marlborough School (Decile 7), Westlake Girls' High School (Decile 9), and Glenfield Intermediate School, making it an ideal choice for families with educational priorities.
With a history of cancelled auction and a recent sale by Andrew Lochore, this property offers more than just a dwelling. It includes a separate, fully self-contained 1.5-bedroom unit, ready to move in. The main unit features solid brick construction, brand new carpeting, a repainted roof, and internal updates, while the secondary unit provides versatility for additional accommodation or rental potential, with a cozy deck and a fenced grassy area. Both units are healthy homes compliant with a heat pump, promising excellent rental returns.
Whether you seek a family home with extra space, an investment with high returns, or the flexibility of an Airbnb, this property stands out for its unbeatable value, location, and versatility. It's a rare opportunity that promises a peaceful lifestyle within a connected community.
Updated on November 07, 2024