Nestled in the serene Ingram Crescent, a quiet cul-de-sac in Otara, Auckland, lies this inviting residential property on a freehold title. Constructed in 1960 with wood walls and tiled roofing, this 111sqm home with a floor area of 1171sqm boasts 4 bedrooms and 1 bathroom. The property, in an average condition, presents a prime opportunity for potential value addition. Notably, it lacks a garage or carport, and the overgrown lawns are a testament to the hidden potential just waiting to be unleashed.
History shows a promising trend with the capital value soaring by 39.66% from $580,000 in 2017 to $810,000 as of June 2021. HouGarden AVM estimates the property at $805,000, while the latest sales were recorded at $675,000 in 2020 and $593,000 in 2019. This is a clear indicator of the property's increasing worth and investment viability.
For families with school-going children, the property falls within the zones of Tangaroa College (Secondary, Decile 1) and Flat Bush School (Contributing, Decile 1), ensuring quality education is within reach. With such a compelling package, this property is not just a house; it's a wise investment for the future.
Updated on November 12, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.38 km | 4 | 1 | 120m2 | Year 2024 Month 10 Day 31 | - | Council approved | |
 | 0.25 km | 3 | 1 | 89m2 | Year 2024 Month 10 Day 17 | $710,000 | Council approved | |
 | 0.18 km | 3 | 1 | 88m2 | Year 2024 Month 08 Day 27 | $850,000 | Council approved | |
 | 0.26 km | 4 | 1 | 110m2 | Year 2024 Month 08 Day 05 | - | Council approved | |
 | 0.35 km | 3 | 1 | 90m2 | Year 2024 Month 07 Day 12 | - | Council approved |