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2/46 Gladys Avenue, Glenfield, Auckland - North Shore, 3 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 14

2/46 Gladys Avenue, Glenfield, Auckland - North Shore

3
1
90m2

Embrace the potential of this 3-bedroom, 1-bathroom home, set in a serene cul-de-sac on Gladys Avenue, Glenfield. Constructed in 1989 with iron roofing and wooden walls in good condition, this cross-lease property offers a floor area of 90 square meters. The capital value has seen a significant increase of 22.86% from $700,000 in 2017 to $860,000 as of June 2021. The property, though currently red stickered by the Auckland Council due to recent natural events, presents a unique opportunity for investors or builders with a vision for its transformation. The latest sales history shows a progression from $355,000 in 2007 to $400,000 in 2012, with the current HouGarden AVM estimating the value at $852,500. Close to Manuka Primary School and Glenfield Intermediate, both decile 6, this property is ideal for families looking to capitalize on the sought-after school zones.

Despite the challenges, this property holds immense promise for those willing to undertake the necessary geotechnical work. It's a golden opportunity to turn a complex project into a lucrative investment. With a detached double garage, fully fenced for privacy, and located near Glenfield Mall, schools, and transport links, the convenience is unparalleled. This is not a typical purchase, and the vendor is highly motivated, welcoming all offers. It's a perfect fit for seasoned investors, renovators, or developers with the expertise to rejuvenate this property.

Educationally endowed, the property falls within the zones of both Manuka Primary School and Glenfield Intermediate, known for their contributing and intermediate school statuses, respectively. The school deciles of 6 reflect the high standard of education in the area, making this property an attractive prospect for families with academic aspirations.

Updated on November 14, 2024

Council Data

Last update : 2024 12 11
Improvement value$405,000Increased by 26% from year 2017
Land value$455,000Increased by 19% from year 2017
CV(Year 2021 Month 06)$860,000Increased by 22% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1989
TitleNA79C/553
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 134888 ON LOT 27 DP 71138 HAVING 1/3 INT IN 1873 SQ METRES
CouncilAuckland - North Shore
Estate descriptionFSIM,1/3,FLAT 2 DEPOSITED PLAN 134888
Council rates$2,380.68
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Manuka Primary School
0.40 km
Primary
1-6
Government
Co-Educational
EQI: 425
6
Glenfield Intermediate
1.39 km
Secondary
7-8
Government
Co-Educational
EQI: 441
6

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Gladys Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Glenfield properties data
Glenfield property trend
Year
Median price
Growth
Sales count
2024
$912,000
3.6%
73
2023
$880,000
-12.7%
43
2022
$1,008,000
-1.9%
55
2021
$1,027,500
23.8%
90
2020
$830,000
7%
93
2019
$775,500
-0.3%
84
2018
$778,000
-0.5%
115
2017
$782,000
3.2%
111
2016
$758,000
8.3%
101
2015
$700,000
24%
92
2014
$564,500
-
54

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Gladys Avenue, Glenfield
0.23 km
4
2
140m2
Year 2024 Month 10 Day 30
-
Council approved
0.17 km
167m2
Year 2024 Month 10 Day 23
$1,450,000
Council approved
15 Cunliffe Place, Glenfield
0.12 km
3
1
0m2
Year 2024 Month 10 Day 01
-
Council approved
22 Cunliffe Place, Glenfield
0.23 km
3
1
120m2
Year 2024 Month 09 Day 24
-
Council approved
1/59 Neal Avenue, Glenfield
0.21 km
3
1
140m2
Year 2024 Month 07 Day 10
$850,000
Council approved

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