Nestled on a gently sloping section at 15/27 Glenorchy Street, Glen Eden, this vacant residential property boasts an easy/moderate fall contour on a freehold land of 59 square meters. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents an intriguing opportunity for potential development. The construction details of the walls and roof remain unknown, but the property's potential is undeniable, given its strategic location and the growing value in the area.
As per the latest records, the government's capital value assessment on June 1, 2021, was $340,000, which aligns closely with the HouGarden AVM estimate of $342,500. Notably, the property's value has seen a significant boost, as evidenced by the latest sale on July 17, 2024, at $610,000, indicating a substantial growth percentage in capital value.
For families with children, the property falls within a desirable school zone. With highly regarded educational institutions in close proximity, this locale is ranked favorably in terms of decile scores, ensuring access to quality education for the young ones.
Updated on September 11, 2024