Nestled in the serene Princes Street cul-de-sac, this attractively priced one-bedroom unit with a bonus utility room is a gem in the sought-after Otahuhu neighborhood. Constructed in 1977 with enduring brick walls and tiled roofing, this unit offers an average condition, low-maintenance lifestyle. As a Unit Title property, it provides the ease of ownership with a floor area of 70 square meters. The property has experienced a significant Capital Value increase of 38.71% from $310,000 in 2017 to $430,000 as of June 2021, according to the government valuation. The HouGarden AVM estimates the property's worth at $412,500, while the latest sale history shows a dramatic increase from $27,500 in 1983 to $140,000 in 2012, highlighting the investment potential. For families, the unit falls within the Otahuhu College zone, a secondary school with a decile rating of 1, ensuring quality education for your children. Whether you seek a starter home or a strategic investment, this property is a golden opportunity in a rapidly appreciating area.
Updated on November 01, 2024