46 Farquhar Road, Glendene, Auckland - Waitakere

Nestled in the serene cul-de-sac of Farquhar Road, Glendene, Auckland, lies this exquisite freehold property, built in 1970 with aluminium exterior walls and tiled roofing. The residence boasts 4 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 213 square meters on a sprawling 455 square meter plot. The property, valued at $1,125,000 as per the latest government valuation, has seen a remarkable CV increase of 38.89% since 2017. The main home features sun-drenched, spacious bedrooms, a vast lounge, and excellent indoor-outdoor flow to the deck, while the additional rental home offers a comfortable one-bedroom unit. With a combined rental potential of $1,090 to $1,150 per week, this property presents an exciting opportunity for investors or families seeking additional income.

History shows a consistent rise in value, with the HouGarden AVM estimating the property's worth at $1,077,500. The recent sales trend in the area further validates the investment potential. For families with school-aged children, the property falls within the decile 2 Glendene School, decile 4 Rangeview Intermediate, and decile 5 Rutherford College zones, ensuring top-notch education facilities within easy reach.

Set in a prime location, with easy access to motorways, the New Lynn Transport hub, supermarkets, and Westcity Mall, this property offers not just a home but a lifestyle. The prospect of generating two incomes from a single property makes it an attractive prospect for the discerning buyer. Don't miss the chance to elevate your investment calculations to new heights at the auction on 9th October 2024.

Updated on October 10, 2024