151 Princes Street, Otahuhu, Auckland

Nestled in the heart of Otahuhu, Auckland, this exquisite 3-bedroom, 1-bathroom residential property is a gem on a spacious 938 sqm of freehold land. Constructed in 1963 with wood walls and an iron roof, both in good condition, the property exudes a charming old-world vibe while offering modern comforts. The capital value has seen a significant increase from $680,000 in 2017 to $960,000 as of June 2021, reflecting a growth of 41.18%. The property's latest sale history includes transactions in 2011 and 2010, with prices of $332,000 and $310,500 respectively. The HouGarden AVM estimates the property's value at $892,500. This home is perfect for families, with its easy access to the secondary Otahuhu College and contributing Fairburn School, both with a decile rating of 1. The property boasts a large backyard, carport, and open parking, making it an ideal investment for those seeking potential and space in a convenient location.

With its prime position, close to the Auckland airport and major motorways, this property is not just a home but a smart investment. The growing capital value and the potential for further enhancement make it an attractive opportunity for both seasoned investors and first-time buyers. The deadline sale is set for May 31st, offering a chance to own a piece of paradise in a rapidly appreciating area.

For those with an eye on quality education, the property falls within the highly sought-after school zones of Otahuhu College and Fairburn School, ensuring a quality education for the family. This charming weatherboard beauty is ready to be transformed into a warm, inviting home that you'll love coming back to.

Updated on June 14, 2024