1c/1 Jack Browne Place, Otahuhu, Auckland

Positioned in the serene environment of a quiet cul-de-sac at 1c/1 Jack Browne Place, Otahuhu, Auckland, this residential unit title property boasts a single bedroom and bathroom, with a floor area of 61 square meters. Constructed in 1970 with mixed materials for the walls and iron for the roof, both are in average condition. The property, valued at $440,000 as per the June 2021 government valuation, has seen a CV increase of 41.94% since July 2017. This is an ideal first home or investment opportunity, with a rental appraisal range of $425 - $450 per week, and it includes a convenient carport for vehicle shelter.

With a HouGarden AVM of $432,500 and a recent sales history that speaks to its investment potential, this property is not only a hidden gem but also a wise financial choice. The capital value growth percentage is a testament to the area's desirability and investment returns.

For families with school-aged children, the property falls within the zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1), ensuring quality education is within reach. This unit, with its sun-filled living area and a courtyard perfect for relaxation or entertainment, is conveniently located near motorways, shops, and train stations.

Updated on August 20, 2024