11 Capstick Road, Otara, Auckland - Manukau

Nestled in a serene cul-de-sac at 11 Capstick Road, Otara, Auckland, this 1963-built residential dwelling sits on a generous 685m² section with a road frontage. The freehold property features 4 bedrooms, 1 bathroom, and a single carpark, with a floor area of 94m². The home boasts an iron roof and wooden exterior walls in average condition, ready to be transformed by its next owner. With a government valuation (CV) of $850,000 as of June 2021, it has shown a remarkable growth of 54.5% since July 2017. The property's potential is further highlighted by the HouGarden AVM of $780,000 and a historical sale record from 1992 and 1987, both at $74,000.

From a valuation perspective, the property presents a promising investment with a clear trend of capital value appreciation. The latest CV increase underscores the potential for further growth in this sought-after location.

For families with school-aged children, the property falls within the zone of Tangaroa College, a secondary school with a decile rating of 1. The convenient access to local educational facilities makes this property an attractive option for those prioritizing schooling.

Updated on December 13, 2024