6f/18 Cranbrook Place, Glendowie, Auckland

Located at 6f/18 Cranbrook Place, Glendowie, Auckland - City, this residential unit offers 2 bedrooms, 1 bathroom, and 1 carpark, with a floor area of 59 square meters. Built in 1987, the property features fibrous cement walls and an iron roof, both in average condition. This unit title property, part of a complex, is perfectly level and boasts a private sunny outdoor area, making it a rare find. The open-plan living area seamlessly connects to the outdoor space, ideal for entertaining and gardening enthusiasts who will see the potential in its green spaces. A significant addition is the attic space with drop-down stairs, offering ample storage or creative space.

The property has seen a notable increase in capital value, from $620,000 in July 2017 to $880,000 in June 2021, marking a 41.94% growth. The latest HouGarden AVM estimates its value at $842,500. It has a history of sales, with the most recent transaction at $686,000 on December 22, 2023, following a sale for $600,000 on July 9, 2017. Currently tenanted at $550.00 per week and compliant with Healthy Homes standards, the property presents a lucrative opportunity for investors, with tenants interested in continuing their stay.

Education is a priority in this location, with the property zoned for top-tier schools including Glendowie School and Glendowie College, both with a decile rating of 10, Baradene College (Secondary, decile 9), and St Ignatius School (St Heliers) (Contributing, decile 10). This makes it an ideal choice for families seeking quality education within walking distance.

Updated on April 06, 2024.