Nestled on a 675m2 freehold section at 4 Cracroft Street, Otahuhu, Auckland, this 1940-built residence with weatherboard walls and tiled roof offers a prime opportunity. It boasts 2 bedrooms, 1 bathroom, and an 82m2 floor area. The property's Capital Value (CV) has seen a remarkable growth of 68% from $590,000 in 2017 to $990,000 as of June 2021. The HouGarden AVM estimates it at $907,500. This home, solid as a do-up, is positioned for convenience, being just 2km from the Otahuhu train station and close to motorway access. It's zoned for Mixed Housing Suburban, allowing potential for extension or development. The Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1) are the schools in the area, adding to the property's appeal.
With a bit of cleanup, the house can be lived in as-is while you plan your personal touches. The north-facing fenced yard and entertainer's deck promise an idyllic indoor-outdoor flow. This property is not just a home but a wise investment, given its strategic location near Sylvia Park, Otahuhu township, and with easy access to Manukau City and the airport.
For those looking to capitalize on a property with a clear instruction to sell, this is an opportunity not to be missed.
Updated on December 06, 2024