Nestled at 50a Weldene Avenue, Glenfield, Auckland, this residential property with more than one dwelling sits on a freehold title. It boasts 8 bedrooms, 2 carparks, and a floor area of 230sqm, all set on a sprawling 1027sqm plot. The mixed-materials construction for both the walls and roof showcases a blend of durability and style. With a CV of $2,250,000 as of June 2021, this property has seen a remarkable 58.45% increase from its $1,420,000 valuation in July 2017.
History reveals a latest sale price of $1,200,000 in June 2024, and a previous sale at $410,000 in February 1997. HouGarden AVM estimates the property's worth at $2,190,000. This investment has been a consistent earner, with one tenant renting for twenty years. Now, it's a prime opportunity for investors, developers, or owner-occupiers looking to tap into the potential of subdividing or creating a home with income possibilities.
For families, the property falls within the zones of Glenfield Primary School (Decile 5) and Glenfield Intermediate School (Decile 6), ensuring quality education. Located in a Mixed Housing Suburban zone, it's close to Wairau Valley and Glenfield Mall, with convenient access to arterial routes and public transport.
Updated on August 01, 2024