Nestled on a sprawling 2023m2 section at 87 Glendale Road, Glen Eden, this freehold property is a developer's dream. The existing 1920s home, featuring 2 bedrooms, 1 bathroom, and a single carpark, is in need of demolition, presenting a unique opportunity for those with a vision. The property boasts a fair condition iron roof and wooden exterior walls. With a CV of $1,550,000 as of June 2021, it has seen a staggering growth of 87.88% since July 2017. The HouGarden AVM estimates the property's worth at $1,557,500, while the latest sales history shows a significant leap from $85,000 in 1990 to $365,000 in 2011.
For families, the property falls within the zone of several schools, including the contributing Prospect School with a decile rating of 2, Glen Eden Intermediate at decile 7, Green Bay High School at decile 8, and Henderson High School at decile 3. This flat section in the Urban Zone is not just a piece of land; it's a golden opportunity waiting to be seized in a prime location, mere steps away from the Glen Eden Town Centre, train station, library, and local parks.
Don't miss the chance to transform this flat section into your own pot of gold in the heart of Glen Eden.
Updated on September 23, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 4 | 2 | 174m2 | Year 2024 Month 10 Day 03 | - | Council approved | |
 | 0.10 km | 3 | 1 | 91m2 | Year 2024 Month 09 Day 20 | - | Council approved | |
0.12 km | 5 | 171m2 | Year 2024 Month 08 Day 20 | $1,030,000 | Council approved | |||
 | 0.18 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 01 | $740,000 | Council approved | |
 | 0.16 km | 3 | 2 | -m2 | Year 2024 Month 07 Day 01 | $940,000 | Council approved |