Nestled on a spacious 1219m² of freehold land, this attractive property at 540a Glenfield Road, Glenfield, Auckland - North Shore, is a gem in the Mixed Housing Urban Zone. Constructed in 1960 with wood walls and an iron roof, the dwelling boasts 2 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 91m². The property presents an average wall and roof condition and is situated on a level contour. Notably, the capital value has seen a significant increase of 70.25% from $790,000 in 2017 to $1,345,000 as of June 2021. The HouGarden AVM estimates the property at $1,290,000, while the latest sale was recorded in 2001 for $202,500.
From a valuation perspective, this property is a sound investment with a clear trend of escalating worth. The location is further enhanced by the proximity to highly rated schools; Manuka Primary School (contributing, decile 6) and Glenfield Intermediate School (intermediate, decile 6), ensuring a quality education for the family.
With potential for development, an existing solid home, and a prime location, this property offers a unique opportunity for investors and developers alike. It's a chance to tap into a rapidly appreciating area with excellent school zones and convenient access to amenities.
Updated on November 01, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 3 | 1 | 110m2 | Year 2024 Month 11 Day 21 | - | Council approved | |
 | 0.12 km | 3 | 1 | 210m2 | Year 2024 Month 11 Day 19 | - | Council approved | |
 | 0.04 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 09 | $860,000 | Council approved | |
0.12 km | 2 | 1 | 56m2 | Year 2024 Month 08 Day 26 | $585,000 | Council approved | ||
 | 0.12 km | 2 | 1 | 61m2 | Year 2024 Month 07 Day 11 | $562,500 | Council approved |