36 Hokonui Road, Otahuhu, Auckland

Nestled on a prime 974sqm freehold site at 36 Hokonui Road, Otahuhu, Auckland, this residential property with a rich history since 1910 offers immense potential. The home boasts 3 spacious bedrooms, a separate bathroom, and a layout that includes a kitchen, dining area, and a generous lounge that opens to a covered entertainment area and a sun-kissed deck. The iron roof and roughcast walls are in average to fair condition, reflecting the property's vintage charm. With a CV of $1,525,000 as of June 2021, it has seen a remarkable 75.29% increase from its $870,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $1,422,500, while the latest sale was in 1995 for $89,000. This property is not just a home but an investment opportunity, particularly with its 'THAB' zoning for high-density development subject to council approval. Adding to its appeal, the Otahuhu College in the vicinity is a secondary school with a decile rating of 1. This is a final notice for the auction on 20 June, a chance not to be missed.

Updated on June 20, 2024