116 Clayton Avenue, Otara, Auckland - Manukau

Nestled in a serene cul-de-sac at 116 Clayton Avenue, Otara, Auckland, this 1960-built residential dwelling boasts 3 bedrooms, 1 bathroom, and a single carpark. The freehold property sits on a land area of 673sqm with an easy/moderate fall contour, featuring wood exterior walls in good condition and an iron roof同样 in good condition. The house, with a floor area of 89sqm, is in need of renovation, presenting a potential investment opportunity.

Since 2017, the property's Capital Value (CV) has seen a significant increase of 38.1%, jumping from $630,000 to the current $870,000 as of June 2021. The HouGarden AVM estimates the property's value at $835,000. Notably, the latest sale history includes transactions in 2008 for $315,000 and in 2007 for $210,000. The vendor is relocating to Samoa and is seriously selling after 16 years, indicating a motivated sale.

Educationally, the property falls within the zones of Tangaroa College and Sir Edmund Hillary Collegiate Senior School, both secondary schools with a decile rating of 1. This home not only offers potential for renovation and development but also benefits from its convenient location and the promise of future urban development in the Mixed Housing Urban zone.

Updated on October 23, 2024