11/27 Glenorchy Street, Glen Eden, Auckland - Waitakere

Nestled in the serene Glen Eden, this residential vacant land at 11/27 Glenorchy Street boasts a freehold title, offering a promising investment opportunity on a plot of 78 square meters. The property, sitting on an easy to moderate fall contour, is yet to reveal its full potential with details of the roof and wall construction still unknown.

As per the latest valuations, the capital value as of June 2021 stands at $350,000, with the HouGarden AVM estimating a slightly higher value of $352,500. The property market's confidence is evident from the recent sale on July 27, 2024, where the land was sold for $670,000, indicating a significant increase in its capital value.

For families with children, the property falls within a desirable school zone. With a focus on academic excellence, the schools in this zone have consistently high decile ratings, ensuring a quality education for the young ones.

Updated on September 04, 2024