Nestled on a generous 688 sqm rectangular section at 179 Chivalry Road, Glenfield, Auckland, this freehold property built in 1965 boasts 3 bedrooms, a single carpark, and a floor area of 160 sqm. The dwelling, with average brick walls and iron roofing, is set on level ground, inviting renovation enthusiasts and land developers alike. The capital value has seen a substantial increase of 48.5% from $1,010,000 in 2017 to $1,500,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,435,000, while the latest sales history shows a jump from $220,000 in 1996 to $317,000 in 2003.
For families with school-aged children, the property falls within the zones of both Westlake Boys' and Westlake Girls' High Schools, known for their decile 9 ratings. Additionally, it's close to Marlborough School (decile 7), Glenfield Primary (decile 5), and Glenfield Intermediate (decile 6), offering a range of educational options. Its location, with easy access to motorways, Wairau Park, Pak’n’Save, and public transport, adds to its allure for both investors and families.
With potential for subdivision, subject to council approval, this property presents a golden opportunity to renovate or redevelop in a Mixed Housing Urban zone. Don't miss the chance to transform this spacious home into something extraordinary, capitalizing on its prime location and the highly sought-after Westlake school zones.
Updated on November 01, 2024