Nestled on an elevated corner in the serene Glenfield, Auckland, this freehold property on 201 Chivalry Road boasts a charming residential - vacant land with multiple housing potential. Constructed in 1965 with robust brick walls and tiled roofing, the home offers 3 bedrooms, a bathroom, and a parking space, spread across a floor area of 120 sqm on a generous land area of 675 sqm. The property has an average wall and roof condition and is set on a contour with an easy to moderate rise. Here, you're not just purchasing a home, but also potential, with a 75.28% increase in Capital Value from $890,000 in 2017 to $1,560,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,495,000. This is a golden opportunity in the Westlake Girls and Boys High School zone, with Glenfield Intermediate also in close proximity, offering a decile rating of 9 and 6 respectively.
With a current government valuation that speaks volumes about its investment worth, this property also has a recent sale history that testifies to its desirability. The well-maintained garden with fruit trees and a covered outdoor entertainment area provide a serene retreat, while the central location and urban zoning present endless possibilities for development.
Education takes center stage with the property being in the zone for Marlborough School (decile 7), Glenfield Primary School (decile 5), and the esteemed Westlake Boys' and Girls' High Schools. This address not only promises a quality education for your children but also a smart investment for your future.
Updated on April 26, 2024