8 Aquarius Avenue, Glen Eden, Auckland - Waitakere

Nestled at 8 Aquarius Avenue, Glen Eden, Auckland, this residential gem with a freehold title is a perfect blend of classic charm and modern convenience. The property boasts 5 bedrooms, 1 bathroom, and 3 car parks, spread across a floor area of 156 square meters on a generous land area of 706 square meters. The mixed-materials construction of both the walls and roof adds to the property's unique appeal. Here, whether you seek a harmonious family living or a lucrative investment, this home and income opportunity is second to none, with the original 3-bedroom bungalow at the front and a 5-year-old, 2-bedroom plus 1 office home at the rear, each enjoying privacy and their own parking spaces.

Since 2017, the capital value has surged by 50.62% to reach $1,220,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,135,000, while the latest sales in 2016 and 2004 were at $670,000 and $245,000 respectively. This property not only promises a secure investment but also a rapid CV increase. With the potential rental income of approximately $68,000 per annum, it's a smart investment choice, especially considering the new Brightline rule of 2 years.

For families with children, the property falls within the zones of Bruce McLaren Intermediate School, Prospect School, and Henderson High School, all of which are rated decile 2 and 3, indicating a good educational catchment area. This property is not just a house; it's an opportunity to secure a bright future.

Updated on July 12, 2024