Located at 67h Avenue Road, Otahuhu, Auckland - City, this freehold property presents a prime opportunity for those looking to enter the real estate market or expand their investment portfolio. Built in 2009, the single-level brick-and-tile home sits on a 342m² section and offers a floor area of 131m². It features 3 bedrooms, an open-plan lounge and dining area, a fully fenced backyard for added privacy, and a single internal access garage with additional off-street parking. The property is noted for its good condition in both wall and roof, with the land being level.
From a financial perspective, the property has shown significant growth, with the capital value increasing from $670,000 in July 2017 to $950,000 in June 2021, marking a 41.79% increase. The latest HouGarden AVM estimates the property's value at $912,500. Historically, the property was sold for $730,000 in November 2020 and $520,000 in December 2014. This trajectory underscores the property's robust appreciation in value, making it an attractive investment.
The property is zoned for Otahuhu College, a secondary school (Year 9-15) with a decile rating of 1, and Fairburn School, a contributing primary school also with a decile rating of 1. This location offers educational options for families with children in both primary and secondary levels.
Updated on April 04, 2024.