Embrace the opportunity to own 18 Hydra Place, a stand-out 5-bedroom property in Glen Eden, Auckland. Set on a freehold section with a spacious floor area of 125 sqm, this residence boasts fibrous cement walls and a tiled roof, both in average condition, reflecting the easy/moderate rise contour of the land. The property has seen a significant capital value increase of 62.3%, from $610,000 in 2017 to $990,000 as of June 2021. The HouGarden AVM estimates the property's worth at $950,000, while the latest sales were recorded at $890,000 in May 2021 and $605,000 in September 2019.
With a prime location in a quiet cul-de-sac, the home offers versatile living with a detached unit downstairs, ideal for home and income potential. The main living areas upstairs have been renovated, featuring three large bedrooms, a study, and the comfort of heat pumps. The property is zoned for esteemed schools such as Green Bay High School with a decile rating of 8 and Henderson High School with a decile rating of 3, ensuring quality education for the family.
Not only does this property present a sound investment with its CV growth and rental potential, but it also offers a convenient lifestyle, being close to local amenities and set on a generous 762 sqm section, perfect for outdoor activities and gardening.
Updated on April 30, 2024