Nestled in a serene cul-de-sac at 4/122 Church Street, Otahuhu, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a comfortable floor area of 70 square meters. Constructed in 1972 with iron roofing and fibrous cement walls, this property is on a cross-lease title. The average condition of both the walls and roof contribute to its cozy ambiance. This home is perfect for first-time buyers or investors seeking a steady rental income, with a heat pump for comfort and a spacious yard for children and pets to enjoy. Notably, the property has seen a significant Capital Value (CV) increase of 40.85% from $355,000 in 2017 to $500,000 as of June 2021. The HouGarden AVM estimates the property at $480,000, while the latest sales history shows transactions at $203,000 in 2007 and $180,000 prior to that.
For families with school-aged children, the property falls within the zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1), ensuring quality education is within reach. Its convenient location, close to Otahuhu town centre, motorways, public transport, and the airport, further enhances its appeal.
With such a promising CV growth rate and a prime location, this property presents an affordable opportunity for a family to secure their dream home in a convenient and well-connected area.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.46 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 30 | $600,000 | Council approved | |
 | 0.10 km | 3 | 1 | 89m2 | Year 2024 Month 04 Day 25 | $743,500 | Council approved | |
 | 0.46 km | 6 | 3 | 225m2 | Year 2024 Month 04 Day 02 | $1,240,000 | Council approved | |
 | 0.36 km | 3 | 1 | 131m2 | Year 2024 Month 03 Day 26 | $825,000 | Council approved | |
 | 0.47 km | 1 | 1 | -m2 | Year 2024 Month 01 Day 01 | $365,000 | Council approved |