Nestled on a quiet cul-de-sac at 40 Rosier Road, Glen Eden, this charming 3-bedroom, 1950-built residence boasts a cross-lease title. The weatherboard exterior and iron roof are both in good condition, sheltering a generous 110sqm floor area. With a rich polished floor, an open-plan living space, a spacious kitchen, and a carport, this home also offers ample off-street parking. The property has seen a significant increase in Capital Value (CV), rising from $720,000 in 2017 to $940,000 as of June 2021, indicating a growth rate of 30.56%. The HouGarden AVM estimates the property's worth at $877,500, making the current price, $170,000 below the CV, a steal.
History shows the last sale was in 2017 for $630,000, and prior to that, in 1994, for $104,500. This home presents a golden opportunity for first-time buyers and investors looking to capitalize on the solid construction of the 50s era and add real value. The prospect of living in a decile 2 school zone for primary education at Prospect School, with Glen Eden Intermediate (decile 7) and Henderson High School (decile 3) nearby, is an added bonus.
Located in a family-friendly neighborhood, the residence is within walking distance to the local primary school and a short drive from the Titirangi Village, Waitakeres, and the scenic west coast beaches. With great bones and immense potential, this property is a must-consider for those seeking a sound investment and a slice of suburban tranquility.
Updated on May 17, 2024