Located at 14 Whitley Crescent, Otara, Auckland - Manukau, this classic weatherboard bungalow is a developer's dream. Built in 1960, the property features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 84m² on a generous 746m² land parcel. The freehold property boasts good condition wood walls, an iron roof in average condition, and is situated on an easy/moderate rise contour, making it an attractive proposition for both developers and families alike.
The property has seen a significant increase in capital value, from $590,000 in July 2017 to $1,000,000 in June 2021, marking a 69.49% growth. The latest HouGarden AVM estimates the property's value at $985,000. It last sold for $996,000 in February 2021, following a previous sale at $395,000 in October 2014. With resource consent already secured for the construction of six new residences, this corner plot presents a prime opportunity for development.
Located in a zone served by Tangaroa College and Sir Edmund Hillary Collegiate Senior School, both with a decile rating of 1, the property is ideal for families prioritizing education. Its proximity to Otara Shopping Centre, Highbrook Commercial Zone, motorway access, and MIT further enhances its appeal, offering convenience and potential for future growth.
Updated on April 02, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.08 km | 2 | 1 | 75m2 | Year 2024 Month 05 Day 01 | - | Council approved | |
 | 0.15 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 04 | $650,000 | Council approved | |
 | 0.08 km | 2 | 1 | 86m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.14 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 13 | $725,500 | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | Year 2024 Month 02 Day 08 | $710,000 | Council approved |