Nestled unassumingly off the road, 1/28 Eastglen Road presents a hidden treasure in Glen Eden, Auckland. This residential dwelling, built in 2000, boasts a mix of wall and roof construction with a Level contour, all in good condition. It features 3 bedrooms, 2 carparks, and a floor area of 157 square meters, under a Cross-Lease ownership. The property's Capital Value has seen a significant increase from $860,000 in 2017 to $1,050,000 as of June 2021, reflecting a growth of 22.09%. The latest sale was in 2012 for $384,000, while the current HouGarden AVM estimates it at $975,000.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The location, bordering New Lynn, offers the best of both townships, complemented by excellent transport and amenities. It's a perfect start for first-home buyers, retirees, or young couples looking to settle down. The property enjoys a fantastic elevation, privacy, sun, and views, providing an entertaining space that overlooks neighboring properties.
For families with school-aged children, the property falls within the zones of several schools, including Kelston Intermediate and Boys' High School, both with a decile rating of 2 and 3 respectively, and Kelston Girls' College with a decile of 2. Glen Eden Intermediate and Fruitvale Road School are also within reach, rated at a decile of 7 and 4 respectively, offering a range of educational options.
Updated on May 13, 2024