Nestled at 52 Glen Marine Parade, Glendene, Auckland, this meticulously refurbished family home boasts a freehold title on a spacious 1138m2 section. Constructed in 1962 with brick walls and an iron roof, the property enjoys an average condition with 3 bedrooms, 1 bathroom, and a carpark. The capital value has seen a rapid increase from $810,000 in 2017 to $1,050,000 as of June 2021, marking a 29.63% growth. The house, with a floor area of 141m2, offers a massive indoor-outdoor flow, leading to a large decking that overlooks the fully fenced garden.
As for the financials, the latest sales were recorded at $540,000 in 2013 and $230,000 in 2004, while the HouGarden AVM estimates the property at $1,005,000. This presents a lucrative opportunity for investors and land bankers. The location is a highlight, being near public transport and shopping centers, with no flooding issues.
Educationally, the property falls within the decile 2 Glendene School, decile 4 Rangeview Intermediate, and decile 5 Rutherford College zones, ensuring quality education options. Whether you seek a family home in a desirable location or a strategic investment, this property is an opportunity not to be missed.
Updated on October 24, 2024