Welcome to a charming three-bedroom, cross-lease property at 2/3 Glenorchy Street, nestled in a quiet cul-de-sac of Glen Eden, Auckland. Constructed in 1980 with iron roofing and fibrous cement walls in good condition, this residential dwelling offers a floor area of 122 square meters and a single carpark. The property, with a current Capital Value (CV) of $830,000, has shown a significant increase of 23.89% from its previous CV of $670,000 in 2017. This home, set on an easy/moderate rise contour, is perfect for families looking to invest in a property with substantial growth potential.
With a HouGarden AVM of $795,000 and a history of sales at $254,000 in 2003 and $178,000 in 1999, this property presents a lucrative opportunity. The CV growth and the potential indicated by the AVM reflect the investment appeal of this property in a rapidly appreciating market.
For families with school-aged children, this property falls within the zones of Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), Glen Eden School (Decile 3), and Kelston Girls' College (Decile 2). The convenience of having reputable schools close by ensures a quality education for your children.
Updated on April 18, 2024