22 Pembroke Crescent, Glendowie, Auckland

Nestled in the serene Glendowie, this 4-bedroom, 2-carpark property on 22 Pembroke Crescent is a charming freehold residence. Constructed in 1960 with wood exterior walls and a mixed-material roof, it sits on a level 850m² site with a floor area of 130m². The property has seen a substantial CV increase of 42.03%, from $1,725,000 in 2017 to $2,450,000 as of June 2021. The HouGarden AVM estimates the value at $2,387,500, while the latest sales were at $1,650,000 in 2024 and $320,000 back in 1997. This residence is perfect for those looking to restore a classic family home or for developers seeking potential in the Residential Mixed Housing Suburban zone.

With a CV that speaks volumes about its investment potential, this property is complemented by its proximity to top-rated schools. Baradene College, St Ignatius School, Glendowie School, and Glendowie College are all within the zone, boasting deciles of 9 and 10. Whether you choose to divide and develop or revive the existing structure, this property holds promise for a bright future.

Set in a quiet cul-de-sac, the home enjoys a sunny aspect and a spacious backyard. It's an ideal canvas for the DIY enthusiast or a developer with a vision to unlock the land's potential. Conveniently located near St Heliers Village Shops and the picturesque beaches of the Eastern Suburbs, this property is a rare find that invites a visionary to explore its possibilities.

Updated on August 01, 2024