Nestled in the tranquility of a quiet cul-de-sac at 67 Ashton Avenue, Otara, Auckland, lies this charming 3-bedroom residential dwelling on a freehold site. Constructed in 1960 with wood walls and tiled roofing, this property offers a floor area of 108m2 and is set on a sprawling 663m2 of level land. The property has seen an impressive Capital Value (CV) increase of 43.64% from $550,000 in 2017 to $790,000 as of June 2021.
With a HouGarden AVM estimate of $755,000 and a history of the latest sale at $85,000 in 1995, this property presents a lucrative opportunity for investors. It's located in the Mixed Housing Urban Zone, with services perfectly positioned for future development. Currently tenanted at $550 per week, this home is a gem in the sought-after school zone of Bairds Mainfreight Primary, Sir Edmund Hillary Collegiate Middle, and Senior Schools, all with a decile rating of 1.
Updated on April 09, 2024, this property is ready for its next chapter – whether it's a renovation project, development potential, or a sound investment to add to your portfolio.