15 Line Road, Glen Innes, Auckland

Welcome to 15 Line Road, Glen Innes, Auckland, a remarkable new development featuring seven townhouses that convey the ideal of modern living. With two spacious bedrooms and flexible one or two-bathroom options, each residence is complemented by dedicated car parking, ensuring a perfect blend of comfort and convenience for its discerning residents.

Upon crossing the threshold, you'll be captivated by the inviting open-plan living and dining area, which seamlessly connects the indoor and outdoor spaces. The kitchen, complete with a Prime Stone benchtop and top-quality Samsung stainless steel appliances, offers a perfect marriage of durability and style. Units three and seven boast the added convenience of an extra toilet on the ground floor, which makes it ideal for hosting dinner guests. The living area extends to a beautifully landscaped courtyard with a welcoming timber deck, providing a relaxing oasis.

Ascend to the upper level, where both double bedrooms feature plenty of wardrobe space and share a centrally located bathroom accessible from the first-floor landing. In stand-alone homes, the master bedroom boasts luxury with a walk-in wardrobe and an ensuite bathroom. All bathrooms are thoughtfully designed, featuring tiled showers, spacious vanities, and elegant tiled floors.

completion due Q4 2024

Location

Situated 11km from Auckland's city centre, this development offers easy access to the vibrant city scene. Shopping, dining, and entertainment options are at your fingertips, with essentials within a kilometre or two away.

• PAK’nSAVE Supermarket 1.3km

• The Y Glen Innes Pool & Leisure Centre 1.9km

• St Heliers Beach 3.0km

• Eastridge Shopping Centre 3.5km

• Auckland CBD 11km

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. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

Glen Innes has experienced a noteworthy uptick in rental rates over the past 12 months, with the median rent climbing by 4.2% as of December 2023. The data further reveals that approximately half of the residents in this suburb are renters, underscoring a robust demand for high-quality rental properties.

The suburb has recently witnessed substantial urban development, leading to enhanced infrastructure and amenities. This positive transformation has fueled an increased demand for housing in the area. The limited availability of land for new developments adds to the long-term potential for capital appreciation.

Against the backdrop of a persistent housing shortage in Auckland and a growing preference for low-maintenance living, there is a heightened demand for well-designed townhouses.

Seizing this trend, 15 Line Road in Glen Innes emerges as a prime investment opportunity, offering the chance to contribute to the local rental market by providing top-notch properties for those looking for their next residence.

Current projects