1b Fulton Crescent, Otara, Auckland - Manukau

Nestled in the serene Otara, at 1b Fulton Crescent, lies a prime residential opportunity on a Freehold titled section. This vacant land, spanning 148 square meters, is ripe with potential for your dream home. The property's details may be shrouded in mystery, with the construction of walls and roof unknown, but its value is clear. As of June 1, 2021, the Capital Value (CV) stands at $280,000, a figure that's sure to appreciate given the right investment. This is a chance to craft your ideal living space in a level plot, with the HouGarden AVM estimating a value of $260,000, hinting at the possibilities that await.

History shows a consistent rise in the CV, reflecting a promising growth trend. The property's recent sale history and the increasing capital value percentage are testament to its allure. This is not just a piece of land; it's a golden opportunity in a rapidly appreciating market, inviting enquiries over $750,000.

For families, the school zone is a significant draw. The property falls within a highly rated decile, ensuring access to quality education. Its proximity to institutions like MIT, and easy commutes to Botany Downs, Hunters Plaza, Highbrook Business Hub, and Manukau City Centre, makes it an ideal base for both education and convenience.

Updated on July 08, 2024