Wholesale Property

125 WOODLGLEN RD, GLEN EDEN, AUCKLAND, TOWNHOUSES

• Well designed, high quality, low maintenance townhouses in strong rental demand location

• 5 x 2 bedroom townhouses remaining in this 47 unit development built by GJ Gardner

• Opportunity for additional capital growth before settlement in April 2021

• Prices: 2 bed $599k - $639k

• 47% of dwellings in this suburb have 1-2 occupants and 20% have annual household income of $100k+

• The West Auckland market is a consistent long term performer. Extensive investment in public transport and motorway widening is progressively reducing commuting times to the CBD

  ADDITIONAL BONUSES

• Bonus 1: $500 towards legal fees through Henderson Reeves who will also provide a free 15-minute consult to explain the contract to potential purchasers

• Bonus 2: Fridge/freezer, heat pump and dishwasher added to package for The Property Factory Clients

• Bonus 3: Property Managers Wallace Stratton offering 6.5% + GST discounted management fees

GLEN EDEN HOUSE/TOWNHOUSE MARKET PERFORMANCE

Market data sources: Real Estate Investar, Tenancy Services, REINZ, One Roof

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate.

PRICE AND AVAILABILITY SUMMARY

Note: The NSA/Net Sqm/Int. SQM area is calculated from the mid-point of the inter-tenancy wall to the external face of the façade as per PCNZ Guidelines.

ADDITIONAL DOCUMENTS

• Property Investors 2-bed forecast unfurnished

• First Home Buyers 2-bed forecast

• First Home Investors 2-bed forecast

• Property investment 1 page snapshot

• Investor 29 page brochure

• Rental appraisals

• Survey plan

• Elevations

• Floor plans

• Specifications

• Residents Levy

• Bonus $500 towards legal fees through Henderson Reeves

PROJECT OVERVIEW

Woodglen Ridge couldn’t be more aptly named. Located on its very own private road just off its namesake Woodglen Road, the site sits on the ridge of Glen Eden, with the stunning aspects that the name implies. It’s elevated position on the ridgeline affords the site some beautiful outlooks, flanked on one side by the Waitakere Ranges and the Auckland City skyline on the other. 

Surrounded by lush native landscaping and in a secluded part of Glen Eden, you’ll feel like you’re in your own private enclave, although you’re only minutes away from Glen Eden Village, Glenmall and Titirangi. With bus stops close by on Woodglen Road and the Glen Eden train station only a few minutes’ drive away, you’re never far away from where you need to be.

Glen Eden is fast becoming a very desirable location in West Auckland, as evidenced by the arrival of hip new businesses in the area, such as artisinal bakery Crafty Baker and coffee roaster Sozo Coffee (which is destined to become your go to for your coffee fix). Glen Eden’s quirky, vibrant community combined with its proximity to some of the best beaches and bush walks in West Auckland affords its residents with a lifestyle which would be the envy of the rest of the West.

Located on the corner of Woodglen and Glengarry Road’s Street in Glen Eden, these Townhouses are a short 5 minute drive to the nearest train station and 10 km to the North Western Motorway and are walking distance to schools, transport and other amenities. It is with no doubt that finding new homes at an affordable price point is only going to get increasingly harder as Auckland City’s population grows.

The open plan nature of the kitchen, living and dining provides everything you need for comfortable living. Our extremely functional kitchen will impress. There is a large storage space conveniently located under the stairs. Upstairs are 2 full size bedroom(s), which include large built-in wardrobes. Also upstairs is the bathroom. Outside is your own low maintenance, private courtyard with ample space for a barbecue, table and chairs.

AUCKLAND OVERVIEW

Auckland home buyers need to get in quick - city house prices could leap to record highs by this time next year, one property pundit predicts. Infometrics economist Paul Barkle says that while Auckland house prices have stagnated for close to two years they are set for an almost 10 per cent jump next year followed by sustained increases through to mid-2022. Behind the forecast price rise is an acute shortage of houses. By Barkle’s estimate the city needs at least 45,000 more homes. But the news is not so rosy for homeowners outside the Super City, with national prices poised to ease next year from current record highs.

“By the end of next year we expect house prices in Auckland to be 9 per cent higher than in December 2018 compared to a slight decline in national prices of roughly 1 per cent over the same period,” Barkle said. Should Barkle’s forecast play out, it would push Auckland property values to new highs. Last month, the city’s median price reached $867,000 - or 3.7 per cent below the record price of $900,000 set in March 2017, according to the Real Estate Institute of NZ.
(Exert from Article originally appeared on nzherald.co.nz on December 29, 2018)