Nestled in the serene Torbay, Auckland, at 338b Glenvar Road, lies this exquisite residential property, a freehold ownership home unit. This nearly new townhouse, built in 2021, boasts 3 bedrooms, 2 bathrooms, and a single large garage, all encompassed within a floor area of 144 square meters on a levelled land area of 153 square meters. The Iron roof and Wood exterior walls are both in good condition, ensuring durability and aesthetic appeal. The property's Capital Value (CV) has seen a significant increase from $910,000 in 2017 to $1,100,000 as of June 2021, reflecting a growth rate of 20.88%. The HouGarden AVM estimates the property's value at $1,025,000, making it an attractive investment opportunity.
As for the property's valuation history, it showcases a consistent and promising rise. The recent sale history and the CV growth percentage indicate a high demand for properties in this prime location. The property is set for auction on 26/05/2024, unless sold prior, with a declared reserve of $750,000, offering a rental appraisal range of $820 - $850 per week.
For families with children, the property falls within the highly sought-after school zones of Long Bay Primary, Long Bay College, and Northcross Intermediate, all deciled as 10, ensuring top-notch education facilities. Located close to the motorway and Albany Park & Ride, and mere steps from the amenities of Long Bay and Torbay Village, this property offers convenience and a luxurious lifestyle.
Updated on May 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 4 | 2 | 257m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.24 km | 5 | 3 | 230m2 | Year 2024 Month 12 Day 03 | - | Council approved | |
 | 0.02 km | 3 | 141m2 | Year 2024 Month 11 Day 18 | $910,000 | Council approved | ||
 | 0.29 km | 5 | 4 | 0m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
 | 0.28 km | 5 | 2 | 264m2 | Year 2024 Month 07 Day 31 | $1,400,000 | Council approved |