Nestled in the serene Glendene, at 6 Glen Marine Parade, lies this inviting 3-bedroom, freehold property, built in 2017 with wood and iron construction. The residence boasts a floor area of 212sqm on a land area of 756sqm, with a north-facing deck that captures the sun and offers views of the Waitemata Harbour. The property has seen a 29.21% increase in Capital Value from $890,000 in 2017 to $1,150,000 as of June 2021. The HouGarden AVM estimates the property at $1,122,500, while the latest sale was in 1986 for $62,000. The home is in a flipper's paradise, ready for renovation, in a street close to Glendene School (decile 2) and Rutherford College (decile 5), making it an ideal investment for families.
With a new shower, separate toilet, and laundry, the property is practical and efficient. The downstairs area, with a large double garage, presents multi-generational living options or potential for additional income. The substantial section and a striking stone fence provide privacy and potential for land banking. This property, with its half-finished renovations, offers a unique opportunity to add value and customize it into a dream home.
Educationally, the property falls within the zones of Glendene School, Rangeview Intermediate, and Rutherford College, catering to a range of educational needs. This is a must-sell opportunity for the owner moving out of Auckland, and it's perfect for buyers looking for their next project.
Updated on July 26, 2024