12 Ingram Crescent, Otara, Auckland - Manukau

Nestled in the serene Ingram Crescent, a quiet cul-de-sac in Otara, Auckland, lies this inviting residential property on a freehold title. Constructed in 1960 with wood walls and tiled roofing, this 111sqm home with a floor area of 1171sqm boasts 4 bedrooms and 1 bathroom. The property, in an average condition, presents a prime opportunity for potential value addition. Notably, it lacks a garage or carport, and the overgrown lawns are a testament to the hidden potential just waiting to be unleashed.

History shows a promising trend with the capital value soaring by 39.66% from $580,000 in 2017 to $810,000 as of June 2021. HouGarden AVM estimates the property at $805,000, while the latest sales were recorded at $675,000 in 2020 and $593,000 in 2019. This is a clear indicator of the property's increasing worth and investment viability.

For families with school-going children, the property falls within the zones of Tangaroa College (Secondary, Decile 1) and Flat Bush School (Contributing, Decile 1), ensuring quality education is within reach. With such a compelling package, this property is not just a house; it's a wise investment for the future.

Updated on November 12, 2024