130 Preston Road, Otara, Auckland - Manukau

Nestled in the heart of Otara, this fully renovated treasure on 130 Preston Road boasts a freehold title and a generous 89sqm floor area on a level 680sqm section. The charming 3-bedroom, 1-bathroom home features wood exterior walls, a fibrous cement roof, and has been updated with new carpet, flooring, a modern kitchen, and a sparkling bathroom. The property includes a carpark and room for 5 more vehicles, making it an ideal family home. Since 2017, the Capital Value has seen a rapid increase of 57.41%, reflecting the property's growing worth, with the current CV standing at $850,000. The HouGarden AVM estimates the property at $842,500, while the latest sales in 2023 and 2024 were at $616,500 and $710,000 respectively, indicating a steal at $80,000 below CV. Educationally, the property falls within the decile 1 Rongomai, Tangaroa College, and Flat Bush School zones, offering quality education options. This is a rare chance to own a slice of paradise in a quiet cul-de-sac, with potential for further development, perfect for first-time buyers, investors, or developers.

Updated on November 07, 2024