5 Nandana Drive, Glen Eden, Auckland - Waitakere

Nestled in the coveted location of 5 Nandana Drive, Glen Eden, Auckland, this classic 1960s weatherboard home sits on a spacious 809 Sqm of freehold land. The property boasts 4 bedrooms, a carpark, and a vast floor area of 202 Sqm. Constructed with iron roofing and wooden walls in good condition, it offers a warm and inviting ambiance. The capital value has seen a remarkable increase of 44.89% from $880,000 in 2017 to $1,275,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,245,000, while the latest sales history shows a progression from $345,000 in 2004 to $390,000 in 2008.

With a CV growth rate that outpaces the market average, this property presents an attractive investment opportunity. It falls within the mixed housing suburban zone, allowing for potential future development. The home is zoned for esteemed schools, including Konini Primary with a decile rating of 5, Glen Eden Intermediate at decile 7, and Green Bay High School rated at decile 8, making it an ideal choice for families with educational priorities.

Whether you seek a home to move into straightaway or a project to renovate and personalize, this property holds endless potential. Its family-friendly layout, complete with two living areas and a downstairs lounge, caters to both privacy and togetherness. The multi-level decking and fenced section provide a perfect setting for outdoor activities. Don't miss the chance to secure this versatile family home in a sought-after school zone, with easy access to transportation.

Updated on August 30, 2024