16 Tindall Crescent, Otara, Auckland - Manukau

Located at 16 Tindall Crescent, Otara, Auckland - Manukau, this property stands as a testament to potential and opportunity. Built in 1963, the residence features 3 bedrooms, 1 bathroom, and 1 carpark, spread across a floor area of 100 square meters. Nestled on a generous 936 square meter freehold section, the property boasts brick walls in average condition and a tile roof, also in average condition. The level contour of the land complements the residential - vacant land multiple housing category, making it an ideal canvas for future developments.

Since its last sale in 2002 for $151,000, the property has seen a remarkable capital value increase, jumping from $560,000 in July 2017 to $1,140,000 in June 2021, marking a growth of over 103%. The HouGarden AVM currently estimates its value at $1,122,500, highlighting its substantial appreciation over the years. This growth trajectory underscores the property's significant investment potential and the opportunity for further development, subject to council approval.

The property is zoned for Tangaroa College and Sir Edmund Hillary Collegiate Senior School, both secondary institutions with a decile rating of 1. This location offers educational opportunities within a community-focused environment, making it an appealing option for families looking to settle in the area.

Updated on March 22, 2024.