Nestled in the serene North Shore of Auckland, at 2/109 Stanley Road, Glenfield, lies a charming A-frame home. This 1980-built residence boasts 3 bedrooms, 1 bathroom, and an expansive 80 square meters of floor area. It sits on a level contour with solid fibrous cement walls and a robust iron roof in good condition. The property is held under a Cross-Lease title. The capital value has seen a rapid increase from $620,000 in July 2017 to $800,000 as of June 2021, reflecting a growth of 29.03%. The HouGarden AVM estimates the property at $745,000, while the latest sales were recorded at $316,000 in 2010 and $300,000 in 2008.
With a CV of $800,000, this property presents an attractive investment. The location is further enhanced by the school zones of Windy Ridge School, a contributing school with a decile rating of 7, and Glenfield Intermediate School, rated at a decile 6. The area is not only known for its educational institutions but also for its convenient access to shopping and transport links to the Auckland CBD.
Perfect for first-time buyers, builders, DIY enthusiasts, or investors, this home offers potential for customization and growth. It's priced to sell, making it an opportunity not to be missed in the competitive North Shore property market.
Updated on June 06, 2024