Nestled in the charming cul-de-sac of Glendon Place, this well-presented 99sqm, three-bedroom, one-bathroom residence on a Level 667sqm freehold section is perfect for first home buyers, young families, investors, and downsizers. Constructed in 1974 with wood exterior walls and an iron roof in good and average condition respectively, this property offers an appealing blend of classic 1970's design with modern conveniences like a heat pump. The capital value has seen a significant increase of 52.94% from $340,000 in August 2019 to $520,000 as of October 2022. The HouGarden AVM estimates the property's worth at $485,000, while the latest sales history includes transactions at $53,000 in 1987 and $66,000 in 2001. Located within walking distance to the Otorohanga South School, a full primary with a decile rating of 4, this home is not just a haven but also an excellent investment opportunity.
With a north-facing deck, raked ceilings, and angled windows adding to the home's charm, the interior is bathed in natural light and boasts fresh decor. The galley-style kitchen with modern flooring, a separate laundry, and a bathroom with both a bath and separate shower complete the comfortable living space. The property has been meticulously maintained by its long-term tenant, making it an adorable starter or investment option in the desirable Glendon Place.
Educationally, the property falls within the catchment area of Otorohanga South School, ensuring a quality education for the kids. This property is not just a home, it's an investment in your family's future.
Updated on June 25, 2024