Nestled in the serene cul-de-sac of 2 Glentui Road, Mount Albert, Auckland, this Freehold property boasts a 1930's construction with mixed materials walls and an Iron roof. Spanning across 152 square meters of floor area and 832 square meters of land, it's a perfect setup for a family with its 4 bedrooms and potential for further development. The property has seen only two family owners and is up for grabs after nearly 53 years, offering a prime position with a north-facing, level contour and panoramic views of the Waitakere Ranges and the city. Its Capital Value (CV) has seen a substantial increase of 24.19% from $1,550,000 in 2017 to $1,925,000 as of 2021, with the HouGarden AVM estimating it at $1,795,000.
With a history of steady value appreciation and a recent auction scheduled for 3 July 2024, this property presents a golden opportunity. It's zoned for Mixed Housing Urban, and its proximity to Avondale College (Decile 4), Owairaka District School (Decile 3), and Wesley Intermediate (Decile 1) adds to its allure. Whether you choose to renovate or redevelop, the possibilities are vast in this extensively enlarged family home with its original art deco features and generous room proportions.
Conveniently located, it's a walker's paradise with easy access to shops, transport, and parks. The property's credentials are further enhanced by its close proximity to motorway on-ramps and the St Lukes and New Lynn malls. Here's a chance to shape your own future in a home that's brimming with potential.
Updated on July 05, 2024