Nestled at 33 Glenorchy Street, Glen Eden, Auckland, this residential property on a vacant land with multiple housing potential boasts a freehold title. Constructed in 1956, the house features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 95sqm and a generous land area of 1416sqm. The exterior walls are made of wood, in average condition, while the roof is constructed of iron, also in average condition, suitable for a family seeking a tranquil living environment on an easy-to-moderate rise contour. The property's capital value has seen a remarkable increase from $975,000 in 2017 to $1,800,000 as of June 2021, reflecting an impressive growth rate of 84.6%.
According to the HouGarden AVM, the property is valued at $1,810,000, which aligns closely with the latest government valuation. This indicates a strong market confidence in the property's worth. Moreover, the recent sales history in the area further validates the investment potential of this property.
For families with children, the property falls within the zones of several reputable schools. Kelston Intermediate has a decile rating of 2, while Kelston Boys' High School and Glen Eden School are both rated 3. Kelston Girls' College, also a secondary school, holds a decile rating of 2. These educational institutions offer a solid foundation for children's learning and development.
Updated on September 10, 2024
