Nestled on a serene cul-de-sac at 14/27 Glenorchy Street, Glen Eden, this Auckland property is a prime example of a vacant residential lot with freehold title. The site boasts an area of 108 square meters, with an easy to moderate fall contour that holds potential for various architectural designs. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property presents an intriguing opportunity for development. The roof and wall construction remain unknown, but the mystery adds to the allure of this blank canvas waiting to be transformed.
As per the latest records, the capital value of this property as of June 2021 was $370,000. The HouGarden AVM estimates it at $372,500, and a recent sale on July 17, 2024, sets the market value even higher at $640,000, indicating a significant growth percentage that highlights the investment potential of this vacant land.
For families considering the property, the school zone is a key highlight. With quality educational institutions and a favorable decile rating, the area ensures access to esteemed schooling options, adding further value to this promising piece of real estate.
Updated on September 11, 2024