Nestled in the heart of Otahuhu, Auckland, this 1-bedroom, 1-bathroom unit with a brick exterior and tiled roof is a gem on Rodney Street. Built in 1968, this cross-lease property boasts a level contour and a floor area of 100 square meters. The capital value has seen a rapid increase from $470,000 in 2017 to $560,000 as of June 2021, marking a growth of 19.15%. This property not only offers the convenience of a 20-minute commute to the Auckland CBD but also falls within the decile 1 school zones of both Otahuhu College and Fairburn School. The HouGarden AVM estimates the property's value at $537,500, while the latest sale was recorded in 1994 at $61,000. This is an opportunity not to be missed, perfect for DIY enthusiasts, investors, or first-time homebuyers looking to enter the property market.
With a blank canvas ready to be transformed, this home is situated in a family-friendly neighborhood, promising endless possibilities. The property will be sold with vacant possession and offers flexible viewing times, including weekends. Don't miss your chance to secure this property and make it your own.
Located in a prime school zone, the property is close to Otahuhu College (Year 9-15) and Fairburn School, both rated decile 1. This is an ideal setting for families looking to provide the best education for their children.
Updated on October 03, 2024