Nestled in the desirable suburb of Otahuhu, Auckland, this charming 1960's weatherboard residence on a freehold site of 683m2 offers a blend of classic appeal and modern convenience. The 3-bedroom, 1-bathroom home boasts an iron roof in good condition and wooden walls with an average state, sitting on a level contour. The property, with a floor area of 83m2, features a recently upgraded roof, a heat pump, and new carpeting, ready for its new occupants to move in and enjoy. The capital value has seen a significant increase of 43.75% from $640,000 in 2017 to $920,000 as of June 2021, with the HouGarden AVM estimating the property's worth at $882,500. The latest sale was recorded on June 24, 2020, at $751,000. For families, the property falls within the decile 1 school zones of both Otahuhu College (Secondary, Year 9-15) and Fairburn School (Contributing), ensuring quality education for all ages.
With its spacious layout and potential for future extension, this home is perfect for first-home buyers or investors looking to capitalize on the mixed housing suburban zoning. The sunny yard, ample parking, and large garage add to the practicality, while the proximity to State Highway 1, Sylvia Park shopping center, train station, and the Panmure basin provides for an enviable lifestyle. Don't miss this opportunity to secure a cost-effective freehold property in a rapidly appreciating area.
Act now, as the motivated vendor is looking to sell on or before auction day, and take advantage of the growing capital value and excellent school network this property has to offer.
Updated on October 17, 2024