Nestled at the end of a quiet cul-de-sac, 13 Luke Place, Otara, Auckland, is a residential gem on a Freehold title. Constructed in 1960 with wood exterior and tile roofing, this 85m² single-level home with 2 bedrooms and 1 bathroom sits on a spacious 979m² section. The property, zoned for Terraced House and Apartment, has a CV of $1,300,000 as of June 2021, showing a 1.5 times increase from its $520,000 valuation in July 2017. The site offers an easy/moderate fall contour and fair condition walls and roof, making it a potential development opportunity.
With a HouGarden AVM of $1,245,000, the property's latest sale history includes transactions in 2006 for $200,250 and in 1987 for $58,000. This indicates a significant capital value growth. The property is in the catchment area of Sir Edmund Hillary Collegiate Junior, Middle, and Senior Schools, all with a decile rating of 1, ensuring quality education for the family.
Backed onto a local park, this property not only offers tranquility but also convenient access to Otara Town Centre and motorway. It's a must-see for buyers looking to capitalize on its prime location and potential for further enhancement.
Updated on October 21, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.47 km | 3 | 1 | 82m2 | 2024 12 17 | $676,000 | Council approved | |
 | 0.14 km | 5 | 3 | -m2 | 2024 11 01 | $825,000 | Council approved | |
 | 0.36 km | 3 | 2 | -m2 | 2024 10 10 | - | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | 2024 10 01 | $850,000 | Council approved | |
 | 0.36 km | 4 | 3 | -m2 | 2024 08 01 | $750,000 | Council approved |