120 Clayton Avenue, Otara, Auckland - Manukau

Nestled in the serene Otara, Auckland, lies a charming 4-bedroom residential gem on 120 Clayton Avenue - a freehold property with immense potential. Constructed in 1960 with solid brick walls and an iron roof, this home sits on a spacious 1313 sqm of land with an easy/moderate contour, perfect for a family looking to build their dream home or develop multiple housing units. The property boasts 2 car parks and a floor area of 122 sqm, combining comfort with practicality.

With a significant increase of 57.41% in Capital Value from $540,000 in 2017 to $850,000 as of June 2021, and an estimated value of $830,000 by HouGarden AVM, this property also presents a lucrative investment opportunity. The latest sale history includes a transaction in 2019 for $535,000 and an earlier one in 1988 for $84,000, showcasing the area's growth and desirability.

For families with school-aged children, 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 address not only promises a quality education but also easy access to amenities and the motorway, making it a prime location for living or investment.

Updated on August 26, 2024