Nestled in the serene Leybourne Circle of Glen Innes, Auckland, this freehold property on 784m2 of level land is a gem in the Mixed Housing Urban zone. The 1950-built home boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 90m2. Its exterior walls, crafted from wood, and the iron roof are in average condition. The capital value has seen a 60% increase from $1,000,000 in 2017 to $1,600,000 as of June 2021. The HouGarden AVM estimates it at $1,490,000. This property is not just about numbers; it's about potential, nestled in a quiet cul-de-sac, away from flood zones, and with easy access to waste and stormwater options.
With a history of sound investment, this property's CV growth outpaces the market, making it an attractive opportunity. The recent sale history and the AVM reflect a property that's ripe for development or investment. Its strategic location, near the CBD and the picturesque Eastern Bays beaches, only adds to its allure.
For families, the school network is a key highlight. Baradene College, a secondary school with a decile rating of 9, Glenbrae School, a full primary with a decile rating of 1, and Tamaki College, another secondary school with a decile rating of 1, are all within reach. This property not only promises a comfortable living but also a sound investment in education.
Updated on July 01, 2024