Nestled in the serene cul-de-sac of 1/283 Glenfield Road, this elevated, two-storey residential gem with a cross-lease title presents a compelling opportunity. Constructed in 1987 with a mix of materials for the walls and tiles for the roof, both in good condition, this home spans a comfortable 210m². It boasts 3 bedrooms, 2 bathrooms, and 2 car parks, along with an independent granny flat downstairs. The property has seen a significant Capital Value (CV) increase of 18.8% from $1,010,000 in 2017 to $1,200,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,117,500, while the latest sales history shows a jump from $267,500 in 1999 to $600,000 in 2013, indicating a promising investment trajectory.
For families with children, the property falls within the zones of both Glenfield Intermediate School with a decile rating of 6 and Marlborough School, a contributing school with a decile rating of 7. This address not only offers convenience and comfort but also a promising future with its strategic school zoning.
With panoramic views and a fully fenced garden, this property is a blank canvas waiting to be transformed into your dream home. The open plan kitchen, dining, and living area, plus the conservatory/sunroom, provide ample space for family life and entertainment. The granny flat adds a layer of versatility, suitable for extended family or as a potential source of rental income. Don't miss the chance to capitalize on this property's potential in a sought-after location.
Updated on June 27, 2024