Nestled in a peaceful cul-de-sac at 3/30 Middlemore Road, Otahuhu, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a comfortable floor area of 80 square meters. Constructed in 1973 with brick walls and tiled roofing, the property is on cross-lease land and features average wall and roof conditions. The capital value has seen a significant increase from $480,000 in 2017 to $570,000 as of 2021, reflecting a growth rate of 18.75%.
As per the latest market data, the property was sold for $450,000 in 2024, a substantial rise from the previous sale of $160,000 in 2005. HouGarden's AVM estimates the property's value at $562,500. This indicates a promising investment opportunity in a rapidly appreciating market.
For families with school-aged children, the property falls within the zones of Otahuhu College, a secondary school with a decile rating of 1, and Fairburn School, a contributing school also with a decile rating of 1, ensuring quality education options.
Updated on November 13, 2024