Nestled in the tranquility of a quiet cul-de-sac at 5 Templeton Place, Clendon Park, Auckland, this 1999-built, roughcast plaster clad home offers a promising investment opportunity. It boasts 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 76sqm, all set on a freehold section of 383sqm. The Iron roof and good condition walls provide a solid structure, while the property's contour is level for ease of use. The capital value has seen a significant increase from $450,000 in 2017 to $650,000 as of June 2021, reflecting a growth of 44.44%. The HouGarden AVM estimates the property at $602,500, and with a history of sales at $305,000 in 2014 and $263,000 in 2013, it's clear that this property holds substantial potential.
For families with school-aged children, the property falls within the zones of Roscommon School, a contributing primary with a decile rating of 1, and James Cook High School, a secondary school catering to years 9-15, also with a decile rating of 1. Despite being rented at $670 per week to a long-term tenant, the property presents an opportunity for a remedial repair or re-clad project, making it ideal for buyers seeking a challenge and ready to unlock its full potential.
With a keen eye on the details, ignore the CV as this property is being sold well below, offering a golden chance for the discerning buyer to seize. This is not just a residence; it's an invitation to a world of possibilities.
Updated on June 10, 2024