Nestled on a freehold site of 383m2, this charming weatherboard bungalow at 163 Princes Street, Otahuhu, Auckland, offers a perfect blend of classic appeal and modern functionality. With 3 spacious bedrooms, a separate lounge, kitchen, and open plan dining, the property boasts a floor area of 114m2. The wooden walls and tiled roof, both in good condition, add to the home's character. Since 2017, the Capital Value (CV) has seen a significant increase of 41.8%, reaching $1,000,000 as of June 2021. The HouGarden AVM estimates the property at $990,000, while the latest sale was recorded in 2001 for $235,000.
For families with school-aged children, the property falls within the zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1). The location provides easy access to motorway junctions, shopping centers, Middlemore Hospital, and public transportation at the Otahuhu Bus-Train interchange.
With a heat pump, insulated ceiling and floor, and a new iron roof planned before settlement, this home is not just a perfect starter but also an attractive investment opportunity with a current tenant willing to stay, ensuring a steady income stream. This is not an auction, and the owners are selling for retirement. Don't miss the chance to make your offer!
Updated on November 05, 2024