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21 Water Street, Otahuhu, Auckland City, Auckland, 3 Bedrooms, 1 Bathrooms, House

Price by Negotiation

21 Water Street, Otahuhu, Auckland City, Auckland

3
1
1
76m2
794m2
HouseListed on Tue Sep 10

Otahuhu 3 Bedroom Freehold Land of 794m2 in Urban Zone.

Road frontage, flat section situated close to all amenities offering fantastic opportunity for developers looking for easy terms. The property comes with approved Resource Consent for 3 x 5 bedroom, 2 level houses. Developers can look at changing to 5 apartments to maximise return.

The property comes with an existing 3 bedroom house currently rented at $650pw which can be your holding income until you are ready to start construction.

Home owners looking for house with spare land for kids, pets, parking or storage should also look at this property. Generous vendor is willing to assist with vendor finance if needed giving you the opportunity to develop the property and pay later.

If the details given above appeals to you, call us now for more details, inspection of the property and options available for you to secure the property.

Disclaimer: The floor and land area sizes provided have been sourced from Relab, Property Smart, or Auckland Council (LIM) documents. These measurements have not been independently verified by the Salesperson or South Realty Ltd. Additionally, for website functionality, the property may have been filtered into a specific price range. All prospective purchasers are advised to conduct their own due diligence, obtain independent legal and expert advice, and verify all details provided during the property's marketing campaign. This includes but is not limited to, floor and land sizes, boundary lines, underground services, and any relevant scheme plans or consents.

Location

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Council Data

Last update : 2025 02 26
Improvement value$25,000Reduced by -37% from year 2017
Land value$1,000,000Increased by 47% from year 2017
CV(Year 2021 Month 06)$1,025,000Increased by 42% from year 2017
View typeNo appreciable view
ContourLevel
Land area794m²
Floor area76m²
Decade of construction1950
TitleNA4C/74
Type of titleFreehold
Legal descriptionLOT 1 DP 53767
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 53767,794m2
Council rates$2,895.42
2023/2024
ConditionExternal Walls: Fair
Roof: Average
ZoningResidential - Mixed Housing Urban Zone

School zones

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

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone
Land:794m²
Title:Freehold

Surrounding facilities

Water Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Otahuhu properties data
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

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7/61 High Street, Otahuhu
0.19 km
2
1
60m2
Year 2025 Month 02 Day 04
-
Council approved
48 Albert Street, Otahuhu
0.28 km
3
1
-m2
Year 2024 Month 12 Day 01
$737,000
Council approved
1/67A Princes Street, Otahuhu
0.33 km
2
1
70m2
Year 2024 Month 11 Day 29
-
Council approved
39 Hutton Street, Otahuhu
0.33 km
3
1
90m2
Year 2024 Month 10 Day 10
-
Council approved
10/1 Water Street, Otahuhu
0.09 km
2
1
70m2
Year 2024 Month 09 Day 03
$453,000
Council approved

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Ref:HRE5493Last update:2024-11-13 23:35:33