By negotiation

154 Princes Street East, Otahuhu, Auckland City, Auckland

675m²

HouseListed on Wed Feb 26

Otahuhu 3 Bedroom Motivated Vendor - Amazing opportunity

Presented for sale for the first time in 17 years, this exceptional brick property boasts three bedrooms, one bathroom with a toilet, and a separate toilet. It is ideal for homebuyers seeking a private retreat.

The property features a well-appointed modern kitchen flowing into the dining and living areas, complemented by a separate shed situated at the rear of the property. Occupying a flat 675 sqm site zoned for Mixed Housing Suburban, with services readily available, this property offers immense potential for investors and developers seeking to secure their next project or engage in land banking. Strategically located in a prime, highly sought-after area, mere minutes from the motorway, parks, and local amenities, the vendors are resolute in their decision to sell, making this an incredible opportunity.

We invite you to capitalize on this exceptional potential by contacting us today to arrange a private viewing.

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2025 02 26

Improvement value$125,000Reduced by -40% from year 2017

Land value$875,000Increased by 71% from year 2017

CV(Year 2021 Month 06)$1,000,000Increased by 38% from year 2017

View typeNo appreciable view

ContourLevel

Land area675m²

Floor area120m²

Decade of construction1966

TitleNA10A/138

Type of titleFreehold

Legal descriptionLOT 25 DP 54734

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 25 DEPOSITED PLAN 54734,675m2

Council rates$3,183.23
2023/2024

ConditionExternal Walls: Average
Roof: Average

ZoningResidential - Mixed Housing Suburban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Fairburn School	1.21 km	Primary	1-6	Government	Co-Educational	EQI: 485	1	Detail
Otahuhu College	2.15 km	Secondary	9-15	Government	Co-Educational	EQI: 513	1	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone

Land:675m²

Title:Freehold

Surrounding facilities

Princes Street Neighborhood and Surrounding Data
Princes Street neighborhood is a sub-region located within Otahuhu city

Suburbs

Data analysis - Otahuhu properties data

Sales count(Last 12 months)

41View

Type: Freehold

Sales median price(Last 12 months)

$870,000

Low: $620,000, High: $2,300,000

Rent median price(Last 12 months)

$680

Low: $550, High: $855

Otahuhu property trend

Year	Median price	Growth	Sales count
2024	$850,000	-2.7%	45
2023	$873,500	-12.7%	48
2022	$1,000,000	-4.8%	39
2021	$1,050,500	27.3%	82
2020	$825,000	13.8%	59
2019	$725,000	0.8%	42
2018	$719,500	5.3%	58
2017	$683,000	-8%	47
2016	$742,500	20.3%	52
2015	$617,000	19.9%	63
2014	$514,500	-	72

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
48 Albert Street, Otahuhu	0.28 km	3	1	-m²	Year 2024 Month 12 Day 01	$737,000	Council approved
149 Avenue Road East, Otahuhu	0.30 km	3	1	112m²	Year 2024 Month 11 Day 08	$759,000	Council approved
163 Princes Street East, Otahuhu	0.15 km	3	1	114m²	Year 2024 Month 11 Day 04	-	Council approved
11 Deas Place, Otahuhu	0.42 km	3	1	-m²	Year 2024 Month 10 Day 15	-	Council approved
115 Luke Street	0.26 km	4	1	104m²	Year 2024 Month 10 Day 01	$870,000	Council approved