Nestled in the tranquil suburb of Glendene, Auckland, this charming four-bedroom Weatherboard property at 12 Glendene Avenue offers timeless elegance and potential. With a generous land area of 675 square meters and a floor area of 120 square meters, this freehold property stands as a testament to thoughtful design and potential for future expansion. The house, built in 1966, features wood wall construction and an iron roof, both in average condition, promising a sturdy and reliable home. The property's contour is described as an easy/moderate rise, indicating a comfortable and adaptable landscape for any modifications or landscaping endeavors.
From a financial perspective, the property has seen a significant increase in capital value, rising from $720,000 in July 2017 to $940,000 in June 2021, marking a 30.56% increase. The latest HouGarden AVM estimates the property's value at $902,500, closely aligning with its most recent sale price of $909,620 in January 2024. This consistent growth in value underscores the property's solid investment potential, further enhanced by its land bank potential under the PC78 Proposal, subject to council approval.
The property is ideally situated within the school zones of Glendene School (decile 2), Rangeview Intermediate (decile 4), and Rutherford College (decile 5), offering a range of educational opportunities for families. Its location near schools, reserves, local shopping centers, and public transport, coupled with easy motorway access, makes it a highly desirable residence for convenience and lifestyle.
Updated on April 04, 2024.