Nestled in the tranquility of a quiet cul-de-sac at 67 Ashton Avenue, Otara, Auckland, lies this charming 3-bedroom residential dwelling on a freehold site. Constructed in 1960 with wood walls and tiled roofing, this property offers a floor area of 108m2 and is set on a sprawling 663m2 of level land. The property has seen an impressive Capital Value (CV) increase of 43.64% from $550,000 in 2017 to $790,000 as of June 2021.
With a HouGarden AVM estimate of $755,000 and a history of the latest sale at $85,000 in 1995, this property presents a lucrative opportunity for investors. It's located in the Mixed Housing Urban Zone, with services perfectly positioned for future development. Currently tenanted at $550 per week, this home is a gem in the sought-after school zone of Bairds Mainfreight Primary, Sir Edmund Hillary Collegiate Middle, and Senior Schools, all with a decile rating of 1.
Updated on April 09, 2024, this property is ready for its next chapter – whether it's a renovation project, development potential, or a sound investment to add to your portfolio.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 4 | 1 | 153m2 | Year 2024 Month 10 Day 15 | $940,000 | Council approved | |
 | 0.30 km | 4 | 1 | 113m2 | Year 2024 Month 08 Day 06 | - | Council approved | |
 | 0.25 km | 5 | 3 | 159m2 | Year 2024 Month 07 Day 09 | - | Council approved | |
 | 0.22 km | 5 | 241m2 | Year 2024 Month 07 Day 07 | $1,210,000 | Council approved | ||
 | 0.18 km | 3 | 120m2 | Year 2024 Month 06 Day 30 | $856,000 | Council approved |