12 Ivon Road, Otara, Auckland - Manukau

Nestled on a quiet cul-de-sac at 12 Ivon Road, Otara, Auckland, this freehold property boasts a generous floor area of 223m2 and is sited on a sprawling 635m2 section. The 5-bedroom home, with a mixed-material exterior and an iron roof, presents a solid investment opportunity with its average wall and roof conditions. The property is equipped with a heat pump and a single carpark, making it an ideal starter family home or a lucrative investment. Notably, the capital value has seen a 22.39% increase from $670,000 in 2017 to $820,000 as of June 2021, with HouGarden AVM valuing it at $815,000. The latest sale was in 1999 for $105,000.

For families with children, the property falls within the decile 1 school zones of Rongomai School and Tangaroa College, ensuring quality education is within reach. The property's zoning allows for potential subdivision, subject to council approval, adding to its investment appeal.

With its prime location, close to schools, transport, and shops, and minutes away from key amenities like MIT, AUT, Botany shopping, Manukau Westfield, and Ormiston Town Centre, this property is not just a home but a smart investment for the future.

Updated on November 29, 2024