Nestled at 34 Avenue Road, Otahuhu, Auckland, this delightful Kiwi bungalow boasts 3 bedrooms and 2 bathrooms. Constructed in 1920 with wood walls and an iron roof, it sits on a level contour with an average wall and roof condition. The 110sqm floor area is complemented by a private driveway and a tandem garage. This cross-lease property has seen a significant increase in Capital Value (CV), rising from $670,000 in 2017 to $950,000 as of June 2021, a growth of 41.79%. The HouGarden AVM estimates it at $912,500, while the latest sale was for $750,000 in August 2024, following a previous sale at $852,000 in March 2015.
With a CV growth indicating a sound investment, the property falls within the sought-after school zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1). The convenient location, with easy access to motorways and proximity to local amenities like Otahuhu Shops and Sylvia Park Mall, adds to the appeal. After 32 years, the vendors, now moved to old age care, are motivated to sell, presenting a golden opportunity to own a piece of Otahuhu's property history.
Embrace the potential of this charming residence, perfect for families looking to settle in a prime school zone. Don't miss the chance to secure this property at the upcoming auction.
Updated on October 09, 2024