Nestled in the serene Thornlow Street of Glendene, Auckland, lies this charming 3-bedroom, 1-bathroom residence, built in 1989 with a fibrous cement exterior and a tiled roof. This cross-lease property, sitting on a level contour, offers a floor area of 120 square meters and a single carpark, all in a good condition both inside and out. The property's Capital Value has seen a significant increase of 31.34% from $670,000 in 2017 to $880,000 as of June 2021. The latest sale was recorded at $676,000 in 2017, with an estimated value of $820,000 by HouGarden AVM, presenting a potential opportunity for investors.
On the valuation front, the property's CV growth history and the latest sale records reflect a promising investment trend. The recent jump in CV, coupled with the quiet street appeal, makes this property an attractive prospect for both homeowners and investors. The consistent rise in capital value underscores the property's appeal and potential for future growth.
For families with school-aged children, this property falls within the decile 2 Glendene School, the decile 4 Rangeview Intermediate, and the decile 5 Rutherford College zones, ensuring access to quality education at all levels. The convenient location, coupled with the property's comfortable layout and modern amenities, makes it an ideal choice for those seeking a balanced lifestyle.
Updated on July 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | 120m2 | Year 2024 Month 11 Day 08 | $940,000 | Council approved | |
 | 0.05 km | 3 | 1 | 83m2 | Year 2024 Month 10 Day 15 | $750,000 | Council approved | |
 | 0.20 km | 5 | 4 | 224m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.07 km | 3 | 1 | 100m2 | Year 2024 Month 09 Day 02 | - | Council approved | |
 | 0.19 km | 4 | 1 | -m2 | Year 2024 Month 07 Day 01 | $898,750 | Council approved |