Nestled in a quiet cul-de-sac at 17 Ivon Road, Otara, Auckland, this freehold property boasts a charming residential(dwelling) built in 1962 with a brick exterior and an iron roof. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 89 square meters on a spacious 650 square meter lot. The property is in average condition both in walls and roof, sitting on a level contour with great potential for subdivision, subject to council approval.
With a capital value that has seen a 60.38% increase from $530,000 in 2017 to $850,000 in 2021, and a HouGarden AVM of $790,000, the latest sale history shows a significant jump from $85,000 in 1992 to $563,000 in 2018. This is a clear indicator of the property's growing value and investment potential.
For families, the property falls within the decile 1 school zones of Rongomai School (contributing) and Tangaroa College (secondary, Year 9-15), ensuring quality education is within easy reach. Close to transport, shops, and minutes away from MIT, AUT, Botany shopping, and Manukau Westfield, this property offers both convenience and comfort.
Updated on July 12, 2024