Nestled in the tranquility of a quiet cul-de-sac at 3 Tyrone Street, Otara, Auckland, lies this charming 4-bedroom, freehold property. Constructed in 1960 with wood exterior walls and tiled roofing, the house boasts a floor area of 109 square meters on a spacious 658 square meter section. The property's capital value has seen a significant increase from $570,000 in 2017 to $800,000 as of June 2021, reflecting a growth rate of 40.35%. The roof and walls are in average and fair condition respectively, offering a solid foundation for potential improvements.
With a HouGarden AVM estimate of $805,000 and a history of sales in 2015 at $432,000 and $395,000, this home presents a promising investment opportunity. The site's easy/moderate rise contour provides further potential for extension or development. Its strategic location near Otara Town Centre and Botany Junction ensures convenience for shopping, education, and leisure.
For families with school-aged children, the property falls within the zone for Sir Edmund Hillary Collegiate Middle School (decile 1) and Sir Edmund Hillary Collegiate Senior School (decile 1), both renowned for their educational standards. This property is a golden opportunity for those seeking a comfortable family life in a desirable location.
Updated on October 01, 2024