Embrace the charm of this 2-bedroom, 1-bathroom unit at 5/28 Princes Street, Otahuhu, Auckland. Constructed in 1976 with a fibrous cement exterior and tiled roof, this unit title property offers a comfortable 60sqm of living space. It sits on a level contour with an average wall and roof condition, providing an ideal canvas for renovation enthusiasts. The property's capital value has seen a 22.5% increase from $400,000 in 2017 to $490,000 as of June 2021, while the HouGarden AVM estimates it at $455,000. The latest sale in 2017 was for $373,000, highlighting the investment potential. This home is perfect for those seeking a property in the sought-after Otahuhu College zone, a secondary school with a decile rating of 1.
With a promising CV growth history and a location that's hard to beat, this property presents a golden opportunity for both first-home buyers and investors. Its proximity to transport, shops, and the highly-regarded school network adds to its allure. This is not just a home; it's a potential investment that promises rental income and the prospect of transforming it into your dream space. Don't miss the chance to bid at the upcoming auction and secure this property as your own.
Education is a key highlight, with the property being within the catchment area of Otahuhu College, ensuring a quality education for your family. This combination of a renovator's delight and an excellent school zone makes this property a stand-out choice in the Auckland real estate market.
Updated on May 15, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 20 | 10 | 0m2 | 2024 12 12 | - | Council approved | |
 | 0.25 km | 3 | 1 | 170m2 | 2024 11 05 | - | Council approved | |
 | 0.17 km | 4 | 2 | 150m2 | 2024 09 24 | $1,055,000 | Council approved | |
 | 0.04 km | 6 | 6 | -m2 | 2024 09 01 | $1,500,000 | Council approved | |
 | 0.20 km | 4 | 1 | 156m2 | 2024 08 01 | - | Council approved |