Nestled in the serene Karo Place, a quiet cul-de-sac in Glendene, Auckland, stands a charming 3-bedroom bungalow on a Freehold title. Constructed in 1972 with Fibrous Cement walls and Tile roofing, this residence offers a floor area of 131sqm on a land area of 641sqm. The property, with an average wall and roof condition, is complemented by a modern bathroom, separate toilet, and a versatile multifunctional room. It has seen a significant Capital Value (CV) increase of 50% from $750,000 in June 2017 to the current $1,125,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,047,500. Notably, the latest sale history includes transactions in 2011 and 2012 at $340,000 and $383,000 respectively.
For families, the property falls within the decile 2 Glendene School, decile 4 Rangeview Intermediate, and decile 5 Rutherford College zones. This ensures a quality education for children of all ages. The inviting atmosphere, combined with the prime location and growth potential, makes it an ideal investment for those seeking a comfortable family life.
As the current owners prepare to relocate, this urgency presents a golden opportunity for buyers looking to step into a ready-made home. The property's CV growth, attractive AVM, and the benefits of a sought-after school network, promise a new beginning filled with convenience and lasting memories.
Updated on May 24, 2024