Nestled on a flat 711sqm site in the serene Gloria Avenue of Te Atatu Peninsula, Auckland, stands this charming three-bedroom, one-bathroom residential property with a single carpark. Constructed in 1966 with wooden walls in good condition and tiled roofing in average condition, this freehold property offers a floor area of 107sqm. The capital value has seen a remarkable increase from $1,008,000 in July 2017 to $1,590,000 as of June 2021, showcasing a growth rate of 57.74%. The property is in the Mixed Housing Urban zone, making it an ideal investment for those looking to live in or rent out while planning for future development.
With a HouGarden AVM of $988,500 and the latest sale recorded at $903,000 on August 12, 2024, this property presents a sound investment opportunity. The previous sale in March 2017 was at $1,150,000, highlighting the property's consistent appeal. The location is further enhanced by its proximity to Ramlea Park, local amenities, and excellent transport links, ensuring connectivity to Auckland City and the North Shore.
For families with children, the property falls within the zones of Te Atatu Intermediate with a decile rating of 6, Rutherford School and Rutherford College, both with a decile rating of 5, and St Paul's School in Massey with a decile rating of 4. This makes it an attractive prospect for those considering the best educational opportunities for their children.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.04 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 22 | - | Council approved | |
 | 0.06 km | 2 | 1 | 100m2 | Year 2024 Month 10 Day 22 | $828,000 | Council approved | |
 | 0.15 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 22 | $1,203,000 | Council approved | |
 | 0.18 km | 3 | 2 | -m2 | Year 2024 Month 09 Day 17 | $905,000 | Council approved | |
 | 0.20 km | 4 | 1 | 130m2 | Year 2024 Month 08 Day 09 | $880,000 | Council approved |