Nestled in the serene Glendowie neighborhood of Auckland, this 1950s classic at 74 Riddell Road is a 4-bedroom, freehold property that has been a cherished family home for over 60 years. Constructed with wood walls and an iron roof, this dwelling sits on a flat 811 sqm lot, offering a versatile floor area of 129 sqm and parking for 2 cars. The property's Capital Value (CV) has seen a remarkable increase of 26.32% from $1,900,000 in 2017 to $2,400,000 as of June 2021, closely mirroring the HouGarden AVM estimate of $2,300,000. This indicates a strong growth potential for investors and developers alike.
With a property contour that's level and a well-maintained structure, this home is zoned for some of the best schools in the area, including Baradene College, St Ignatius School, Glendowie School, and Glendowie College, all boasting high decile ratings and ensuring top-tier education for the family. The residence is immersed in the elegance of another era, with a layout that's perfect for family living, featuring a playroom, study nook, and a north-facing backyard with established gardens, providing a tranquil haven for outdoor activities.
Located in a quiet cul-de-sac, this property offers easy access to beaches, dining, and parks, making it an attractive opportunity for those seeking a combination of prime location, valuable land, and potential for renovation. It's a chance to step into a piece of history and transform it into your dream home.
Updated on October 30, 2024