Nestled in the serene cul-de-sac of Dunstan Place, this 1987-built residence boasts a prime location in Otara, Auckland. The 3-bedroom, 1-bathroom home with a single carpark is a gem for both investors and first-time homebuyers. Constructed with durable fibrous cement walls and tile roofing, the property presents a well-maintained facade and roof. The cross-lease title adds to the appeal, while the floor area of 80 square meters provides ample space for comfortable living. Notably, the capital value has seen a growth of 5.66% from $530,000 in 2017 to $560,000 as of June 2021. The HouGarden AVM estimates the property at $510,000, offering a potential bargain for the right buyer. The latest sales history shows a significant increase from $120,000 in 1999 to $221,000 in 2012, indicating a promising investment opportunity.
For families with children, the property falls within the zone of Rongomai School, Dawson School, and Tangaroa College, all with a decile rating of 1. This ensures quality education is within walking distance. The property's central position close to amenities, parks, and shopping centers, along with easy motorway access, makes it a convenient choice for modern living.
With a new kitchen and bathroom, this low-maintenance, freestanding home is ready for its new occupants to enjoy. The auction is set for the 11th of December 2024, unless sold prior. This property is a must-see for young couples, rental investors, or first homebuyers looking to settle in a desirable location.
Updated on December 03, 2024