This charming 3-bedroom, 1-bathroom character home, with a floor area of 80m² and sitting on a generous 721m² freehold section, presents a unique do-up opportunity for those looking to embark on a rewarding project. Built in the 1920s, the property features wooden walls and an iron roof, both in average condition, and is situated on an easy/moderate fall contour. Despite lacking carpark facilities, its substantial land area and the potential for transformation make it an appealing option for families or investors alike. Located at 38 Awa Street, Otahuhu, Auckland - City, this residential dwelling is in close proximity to essential amenities, including Middlemore Hospital, train stations, and notable educational institutions like Otahuhu College and Kings College.
The property has seen a significant increase in capital value, from $610,000 in July 2017 to $765,000 in June 2021, marking a 25.41% growth. The latest HouGarden AVM estimates its value at $755,000. Historical sales data reveals a purchase for $260,000 in March 2012, following a $127,000 sale in September 2004, highlighting its appreciating value over time.
For educational prospects, the property falls within the zone of Otahuhu College, a secondary school catering to years 9-15 with a decile rating of 1, ensuring access to education for families considering this home. The combination of its location, potential for improvement, and educational zoning makes it a compelling choice for a wide range of buyers.
Updated on March 22, 2024.