Nestled in a serene cul-de-sac at 11 Capstick Road, Otara, Auckland, this 1963-built residential dwelling sits on a generous 685m² section with a road frontage. The freehold property features 4 bedrooms, 1 bathroom, and a single carpark, with a floor area of 94m². The home boasts an iron roof and wooden exterior walls in average condition, ready to be transformed by its next owner. With a government valuation (CV) of $850,000 as of June 2021, it has shown a remarkable growth of 54.5% since July 2017. The property's potential is further highlighted by the HouGarden AVM of $780,000 and a historical sale record from 1992 and 1987, both at $74,000.
From a valuation perspective, the property presents a promising investment with a clear trend of capital value appreciation. The latest CV increase underscores the potential for further growth in this sought-after location.
For families with school-aged children, the property falls within the zone of Tangaroa College, a secondary school with a decile rating of 1. The convenient access to local educational facilities makes this property an attractive option for those prioritizing schooling.
Updated on December 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 3 | 1 | 92m2 | Year 2024 Month 11 Day 28 | $722,000 | Council approved | |
 | 0.22 km | 5 | 2 | 223m2 | Year 2024 Month 11 Day 28 | $831,000 | Council approved | |
 | 0.24 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 22 | $685,000 | Council approved | |
 | 0.17 km | 4 | 1 | 90m2 | Year 2024 Month 08 Day 15 | $815,000 | Council approved | |
 | 0.25 km | 3 | 1 | 90m2 | Year 2024 Month 07 Day 11 | $606,000 | Council approved |