Nestled on a serene cul-de-sac at 55 Glendene Avenue, this freehold property is a charming residential dwelling with a capital value that has seen a staggering growth of 59.7% since 2017. Constructed in 1967 with a mix of wood and iron, the home features 3 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 110 square meters on a generous 736 square meter section. The roof and walls are in average condition, and the property enjoys an easy/moderate contour. The latest valuation pegs the property at $1,150,000, while the HouGarden AVM estimates it at $1,102,500, reflecting a robust investment opportunity. The property last changed hands in 2007 for $389,000, following a previous sale in 2004 for $260,000.
For families with school-aged children, the property falls within the zones of Glendene School (Decile 2) and Rutherford College (Decile 5), among others, ensuring access to quality education. The combination of classic architecture and modern amenities, along with a fully fenced backyard and entertainment patio, makes this home a warm and inviting space for all to enjoy.
With its prime location, educational amenities, and potential for further value appreciation, this property presents a golden opportunity for both investors and families. Don't let this chance slip by – secure your private viewing today and step into the comfort and convenience this home has to offer.
Updated on April 11, 2024