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163 Princes Street, Otahuhu, Auckland, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 04

163 Princes Street, Otahuhu, Auckland

3
114m2
383m2

Nestled on a freehold site of 383m2, this charming weatherboard bungalow at 163 Princes Street, Otahuhu, Auckland, offers a perfect blend of classic appeal and modern functionality. With 3 spacious bedrooms, a separate lounge, kitchen, and open plan dining, the property boasts a floor area of 114m2. The wooden walls and tiled roof, both in good condition, add to the home's character. Since 2017, the Capital Value (CV) has seen a significant increase of 41.8%, reaching $1,000,000 as of June 2021. The HouGarden AVM estimates the property at $990,000, while the latest sale was recorded in 2001 for $235,000.

For families with school-aged children, the property falls within the zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1). The location provides easy access to motorway junctions, shopping centers, Middlemore Hospital, and public transportation at the Otahuhu Bus-Train interchange.

With a heat pump, insulated ceiling and floor, and a new iron roof planned before settlement, this home is not just a perfect starter but also an attractive investment opportunity with a current tenant willing to stay, ensuring a steady income stream. This is not an auction, and the owners are selling for retirement. Don't miss the chance to make your offer!

Updated on November 05, 2024

Council Data

Last update : 2025 01 22
Improvement value$190,000Increased by 533% from year 2017
Land value$810,000Increased by 19% from year 2017
CV(Year 2021 Month 06)$1,000,000Increased by 40% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Land area383m²
Floor area114m²
Decade of construction1960
Title628264
Type of titleFreehold
Legal descriptionLOT 1 DP 468200
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 468200,383m2
Council rates$2,848.35
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

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

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:383m²
Title:Freehold

Princes Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Otahuhu properties data
Otahuhu property trend
Year
Median price
Growth
Sales count
2024
$870,000
-0.4%
43
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

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
G07/238 Princes Street East, Otahuhu
0.45 km
2
1
58m2
Year 2024 Month 11 Day 25
-
Council approved
149 Avenue Road East, Otahuhu
0.36 km
3
1
112m2
Year 2024 Month 11 Day 08
$759,000
Council approved
0.49 km
3
2
186m2
Year 2024 Month 11 Day 01
$900,000
Council approved
115 Luke Street
0.03 km
4
1
104m2
Year 2024 Month 10 Day 01
-
Council approved
0.37 km
3
1
86m2
Year 2024 Month 08 Day 26
$885,000
Council approved

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