Nestled in the esteemed Glendowie neighborhood, 469 Riddell Road presents a 3-bedroom, 2-carpark residence on a generous 1002sqm of Freehold land. Constructed in 1960 with wood walls and an iron roof, this property offers an average condition shell ready for a visionary's touch. The capital value has seen a remarkable increase of 59.15% from $1,775,000 in 2017 to $2,825,000 as of June 2021. The HouGarden AVM estimates the property at $2,802,500, making it an attractive prospect for investors and families alike.
With a prime location in a sought-after school zone, the property falls within the decile 9 Baradene College, decile 10 St Ignatius School, Churchill Park School, and Glendowie College. This addresses both educational and lifestyle needs, with easy access to Karaka Bay beach, parks, and a short drive to St Heliers village amenities.
Opportunity knocks with this property, as it's the first time on the market in over 45 years. The potential is vast in this Mixed Housing Suburban zone, whether it's remodeling the existing home, building new, or considering development opportunities. This unpolished jewel on a serene cul-de-sac could be your golden ticket to a slice of Glendowie's real estate gold.
Updated on November 22, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.65 km | 4 | 3 | 0m2 | Year 2024 Month 11 Day 19 | $2,900,000 | Council approved | |
 | 0.27 km | 4 | 3 | 463m2 | Year 2024 Month 10 Day 21 | - | Council approved | |
 | 0.31 km | 2 | 1 | 59m2 | Year 2024 Month 09 Day 17 | $870,000 | Council approved | |
 | 0.27 km | 5 | 3 | 351m2 | Year 2024 Month 08 Day 28 | - | Council approved | |
 | 0.60 km | 4 | 3 | 437m2 | Year 2024 Month 08 Day 02 | $4,650,000 | Council approved |