Nestled on a steep rise in the serene Terra Nova Street, this freehold property is a residential haven with immense potential. Constructed in 1973 with fibrous cement walls and tiled roof, the 4-bedroom, 3-carpark home spans over 223 square meters on a generous 1613m2 section. The property boasts a solid structure with good wall and roof conditions, ready to embrace a modern transformation.
With a significant CV increase of 35% from $1,000,000 in 2017 to $1,350,000 in 2021, and an estimated value of $1,295,000 by HouGarden AVM, the property's latest sale history dates back to 1990 at $225,000. This presents a compelling investment opportunity for those with a keen eye for growth and development.
Educationally, the property falls within a desirable school zone. It is served by the Kelston Intermediate (Decile 2), Kelston Boys' High School (Decile 3), and other well-regarded institutions. Glen Eden's convenient location, midway between Titirangi village and the urban amenities, positions it as a gateway to the picturesque west, including Piha and Henderson Valley.
Updated on April 26, 2024