Nestled on a sun-drenched, north-facing section in the heart of Otahuhu, Auckland, this lovingly renovated 1930s bungalow boasts 3 bedrooms, including a large master with an ensuite. The 112sqm floor area is complemented by a 675sqm land area, all within a Freehold title. The exterior features wood walls and an iron roof, both in average condition, while the property's contour is an easy to moderate fall. With a Capital Value (CV) of $1,267,000 as of June 2021, it has seen a remarkable increase of 92% since July 2017. The HouGarden AVM estimates the property at $1,235,000, while the latest sales were for $400,000 in 2014 and $95,000 in 1994.
Boasting a CV growth rate that's sure to impress investors, this property is located in a zone zoned for THAB (Terraced Housing & Apartment Building), making it an attractive prospect for land bankers. The Otahuhu College, a secondary school with a decile rating of 1, is in the vicinity, adding to the property's appeal for families.
Not only is this home a gem in terms of location and value appreciation, but it also offers modern comforts such as a heat pump, full insulation, and a marble tiled gas fireplace. The large bifold doors create an impeccable indoor-outdoor flow, perfect for entertaining. With town centre amenities within walking distance and easy access to SH1 and SH20, this charming family home on 675m2 of freehold land is a rare find.
Updated on August 05, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | -m2 | Year 2024 Month 12 Day 01 | - | Council approved | |
 | 0.56 km | 4 | 1 | 177m2 | Year 2024 Month 11 Day 20 | $816,000 | Council approved | |
 | 0.31 km | -m2 | Year 2024 Month 10 Day 14 | $399,000 | Council approved | |||
 | 0.54 km | 2 | 2 | 79m2 | Year 2024 Month 08 Day 19 | $600,000 | Council approved | |
 | 0.08 km | 4 | 3 | 0m2 | Year 2024 Month 07 Day 31 | - | Council approved |