4 Rodney Street, Otahuhu, Auckland

Nestled on a quiet cul-de-sac at 4 Rodney Street, Otahuhu, Auckland, this freehold property is a gem for those seeking something extraordinary. Constructed in 1960 with mixed materials for the walls and iron for the roof, the dwelling spans an area of 146 square meters on a levelled 673 square meter section. It boasts 4 bedrooms, 2 bathrooms, and a versatile layout that includes 2 living areas, a study, and an additional rumpus room. The property has seen a significant Capital Value increase of 36.98% from $730,000 in July 2017 to $1,000,000 as of June 2021. The HouGarden AVM estimates it at $960,000, while the latest sales were recorded at $220,000 in 2004 and $138,500 in 1997.

With its unique configuration, the front half of the property is currently tenanted, generating an income of $500 per week, which could potentially halve your mortgage payments. The front benefits from a gated garden, 2 double bedrooms, a study, and open-plan living/dining, while the rear features 2 generous bedrooms, a large living room with a wet bar/kitchenette, and an extra rumpus room. This property presents an opportunity to add value through renovation, making it ideal for large extended families or those seeking an investment with potential.

Educationally, the property falls within the zones of Otahuhu College (Secondary, Decile 1) and Fairburn School (Contributing, Decile 1), ensuring quality education options. Located close to motorway access, main arterials, and the vibrant Otahuhu township, this property offers convenience and potential, making it a rare find in the market.

Updated on October 08, 2024