11 Palmer Avenue, Glen Eden, Auckland - Waitakere

Nestled in a serene cul-de-sac at 11 Palmer Avenue, Glen Eden, this charming residential dwelling on a freehold title boasts a capital value that has seen a growth of 49.31% since 2017. Constructed in 1961 with wood walls and an iron roof, both in good condition, this property offers 3 bedrooms, a single carpark, and a floor area of 104sqm on a sprawling 1151sqm section. The roof and walls of this solidly built home provide a warm and inviting ambiance, ready to be transformed by the imaginative renovator. The property's HouGarden AVM is valued at $1,047,500, reflecting its potential and appeal in the market.

With a government valuation of $1,075,000 as of June 2021, a significant increase from $720,000 in July 2017, this property presents a sound investment. Its location within walking distance to local shops and schools, and minutes from public transport, adds to its allure. The schools in the zone, such as Glendene School and St Leonards Road School, have a contributing status with deciles of 2 and 3 respectively, while Kelston Intermediate and both Kelston Boys' and Girls' High Schools cater to intermediate and secondary education with deciles of 2 and 3.

Whether you seek a family home in a desirable school zone or an opportunity for subdivision, this property, with its rental appraisal of $630 - $680 per week, is a gem waiting to be polished. It's a unique opportunity for those looking to renovate, remodel, or explore the potential of the generous land area.

Updated on August 22, 2024