Nestled on an exclusive cul-de-sac at 1/30 Middlemore Road, Otahuhu, Auckland, this charming residential unit boasts a brick exterior and a tiled roof, constructed in 1973. It offers 2 bedrooms, 1 bathroom, and a level contour with an average wall and roof condition. The 60 square meter floor area is perfect for a starter or investment home, with an ownership type of Cross-Lease.
With a government valuation (CV) of $500,000 as of June 2021, this property has seen a growth of 4.17% from its $480,000 valuation in July 2017. The HouGarden AVM estimates the property at $465,000, while the latest sale history includes a sale in 2013 for $275,000 and another in 1994 for $81,000. This indicates a promising investment with a steady capital value increase.
For families, the property falls within the decile 1 school zones of both Otahuhu College (Secondary, Year 9-15) and Fairburn School (Contributing). The quiet neighborhood opposite Kings College is an added perk, ensuring a peaceful environment and easy access for parents attending school events.
Updated on June 11, 2024