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2/131a Luke Street, Otahuhu, Auckland, 4 Bedrooms, 2 Bathrooms, House

Sold: $980,000

Sold on 2024 Year 2024 Month 07 Day 30

2/131a Luke Street, Otahuhu, Auckland

4
2
166m2
400m2

Nestled in a serene cul-de-sac on 2/131a Luke Street, Otahuhu, Auckland, this executive freestanding home invites you to experience the perfect blend of comfort and convenience. With 4 bedrooms, 2 bathrooms, and a spacious floor area of 166sqm, it sits on a freehold land of 400sqm. The exterior boasts mixed materials and a tile roof in good condition, constructed in 2005. The property has seen a significant Capital Value increase of 40%, from $750,000 in 2017 to the current $1,050,000 as of June 2021. The HouGarden AVM estimates the property at $1,025,000, while the latest sales were recorded at $770,000 in 2016 and $350,000 in 2005. This home is ideal for those seeking prime Auckland real estate with excellent potential.

When it comes to investment, the property's CV growth and the latest sale history indicate a promising trend. The well-maintained north-facing garden and entertainment area add to the property's allure, making it a perfect spot for both relaxation and social gatherings. The newly upgraded family bathroom and ensuite complement the 3 double-sized bedrooms upstairs and the additional bedroom downstairs, alongside a cozy reading room or home office space.

Education is a key highlight, with the property being in the zone for both Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1). Centrally located, it offers easy access to motorways, shopping at Sylvia Park, and the vibrant Otahuhu township with its array of restaurants and the new sports centre. This stunning home is a rare find in the Auckland property market, offering affordability without compromising on quality or location.

Updated on August 02, 2024

Council Data

Last update : 2025 01 15
Improvement value$520,000Increased by 70% from year 2017
Land value$530,000Increased by 19% from year 2017
CV(Year 2021 Month 06)$1,050,000Increased by 40% from year 2017
View typeNo appreciable view
ContourLevel
Land area400m²
Floor area166m²
Decade of construction2005
TitleNA125A/42
Type of titleFreehold
Legal descriptionLOT 8 DP 195890, LOT 9 DP 195890
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 8 DEPOSITED PLAN 195890,401m2
Council rates$2,942.47
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Fairburn School
1.41 km
Primary
1-6
Government
Co-Educational
EQI: 485
1
Otahuhu College
2.33 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:400m²
Title:Freehold

Surrounding facilities

Luke Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Otahuhu properties data
Otahuhu property trend
Year
Median price
Growth
Sales count
2024
$919,500
0.3%
24
2023
$916,559
-13.6%
22
2022
$1,061,000
-5.3%
14
2021
$1,120,000
27.8%
37
2020
$876,127
6%
21
2019
$826,750
0.5%
14
2018
$823,000
9.7%
27
2017
$750,000
5.6%
29
2016
$710,000
10.9%
23
2015
$640,000
20.8%
31
2014
$530,000
-
33

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
163 Princes Street East, Otahuhu
0.25 km
3
1
114m2
Year 2024 Month 11 Day 04
-
Council approved
11 Deas Place, Otahuhu
0.27 km
3
1
-m2
Year 2024 Month 10 Day 15
-
Council approved
0.30 km
4
2
96m2
Year 2024 Month 10 Day 04
$851,000
Council approved
115 Luke Street
0.08 km
4
1
104m2
Year 2024 Month 10 Day 01
-
Council approved
15 Deas Place, Otahuhu
0.28 km
3
1
-m2
Year 2024 Month 07 Day 23
$885,000
Council approved

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