Nestled in the serene Rosier Road of Glen Eden, Auckland, this charming residential property presents a lucrative prospect for potential buyers. Constructed in 1960 with a mix of materials for the walls and iron for the roof, this 3-bedroom, 1-bathroom dwelling with a single car park is a prime example of enduring quality. The 93 square meter floor area is complemented by a level contour section, offering a generous front yard and a thriving lemon tree. This cross-lease property has seen a significant increase in Capital Value (CV), rising from $570,000 in 2017 to $790,000 as of June 2021, indicating a growth of 38.60%. The HouGarden AVM estimates the property's worth at $770,000, while the latest sale history shows a progression from $267,000 in 2010 to $299,000 later that year.
For families with school-aged children, the property falls within the catchment area of Prospect School (Decile 2), Glen Eden Intermediate (Decile 7), and Henderson High School (Decile 3). The convenient location, within walking distance to the local primary school and shops, adds to the appeal. The area is rich in amenities, including childcare facilities, sports grounds, and a farmers market, with the Westcity Shopping precinct nearby.
With a golden opportunity like this, whether you're a first-time buyer, an investor, or a home flipper, it's an offer you won't want to miss. The property is ready for a new family to cherish or for an investor to modernize. The spacious bedrooms and versatile bathroom provide a canvas for your creative ideas. The open-plan living area, connecting the dining room and kitchen, is perfect for family gatherings. Enjoy the peaceful afternoons on the delightful front deck. Don't let this chance pass by; seize the potential-packed opportunity today!
Updated on July 26, 2024