Nestled in the serene Glen Eden, this residential vacant lot at 7/27 Glenorchy Street boasts a freehold title. The property, sitting on a land area of 72 square meters, enjoys an easy to moderate fall contour. While the specifics of the wall and roof construction remain unknown, the property's potential is undeniable. It presents a blank canvas for your dream home in a quiet cul-de-sac, away from the hustle and bustle.
As per the latest records, the capital value has seen a significant leap, with the government valuation as of June 2021 standing at $350,000. The property's estimated value according to HouGarden AVM is $352,500, and a recent sale on August 16, 2024, sets the market value even higher at $655,000, indicating a substantial growth percentage in capital value.
For families with children, the school zone is a key highlight. With top-notch educational institutions and a favorable decile rating, this property offers access to some of the best schools in the area, ensuring a sound investment in your child's future.
Updated on October 02, 2024