1/315 Riddell Road, Glendowie, Auckland

This modernised brick unit, one of just two, is nestled at 1/315 Riddell Road, Glendowie, Auckland - City, offering attractive and tidy living spaces. Renovated five years ago, it features 2 bedrooms, 1 bathroom, a new kitchen, bathroom, carpet, rich polished floors, and a heat pump for comfort. The open plan living/kitchen area flows seamlessly, complemented by a separate hidden laundry space. With a floor area of 88m² on a level cross-lease title, this property boasts a big private grassed backyard, additional basement storage, and a garden shed, all under an iron roof and brick walls in average condition, dating back to 1960.

From a financial perspective, the capital value of this property has seen a significant increase, from $1,020,000 in July 2017 to $1,260,000 in June 2021, marking a 23.53% growth. The latest HouGarden AVM estimates its value at $1,240,000, while its last sale was recorded at $890,000 in August 2016. This demonstrates a solid capital value increase and investment potential.

Education is a priority, and this property is zoned for top-tier schools, including Baradene College, St Ignatius School (St Heliers), Churchill Park School, Glendowie School, and Glendowie College, all boasting decile 10 ratings, except for Baradene College with a decile 9. This makes it an ideal location for families seeking quality education for their children.

Updated on March 21, 2024.