25 Elstree Avenue, Glen Innes, Auckland

Nestled on the border of Glendowie, this 4-bedroom, single-level home on a prime 976m2 section is a rare find. Constructed in 1950 with wood walls and an iron roof, it boasts an ownership type of Freehold. The property has seen a significant Capital Value increase from $1,220,000 in 2017 to $2,150,000 as of June 2021, reflecting a growth rate of 76.23%. The house features a spacious living area, a large lounge, combined kitchen and dining, flowing out to a sunny deck and garden. It includes a massive double garage with a workshop and off-street parking. The section, with an easy/moderate rise contour, is zoned Mixed Housing Urban and has services at the boundary for development. It's located in a quiet cul-de-sac, close to public transport, shops, cafes, and St Heliers beach. The property falls within the decile 9 Baradene College and decile 1 Glen Taylor School and Tamaki College school zones, making it an ideal family home or investment opportunity.

With a HouGarden AVM of $2,000,000 and a latest sale history of $360,000 in 2005 and $24,499 in 1986, this property presents a lucrative prospect for developers, land bankers, and homeowners seeking a spacious family residence in a sought-after Auckland location.

Don't miss the chance to explore the potential water views and development potential of this prime property. It's a ready-made opportunity waiting for its new owner to capitalize on.

Updated on July 12, 2024