Nestled on a sprawling 915m² of freehold land, 64 Clayton Avenue presents a charming residential opportunity in the heart of Otara, Auckland. This 1960-built home boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 90m². The exterior features wooden walls and tiled roofing, with the walls in poor condition and the roof in fair condition. The property is situated in a level contour, enhancing its potential for development.
Since 2017, the capital value has seen a remarkable increase of 104.72%, reaching $1,085,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,037,500, while the latest sales history shows a significant leap from $105,000 in 1998 to $275,000 in 2010. This is a clear indicator of the property's rising value and investment potential.
For families with school-aged children, the property falls within the zones of Tangaroa College and Sir Edmund Hillary Collegiate Senior School, both secondary schools with a decile rating of 1. This opportunity is perfect for developers and investors looking to tap into a prime location with excellent educational facilities.
Updated on October 21, 2024