Nestled on a level freehold site of 711sqm in the Mixed Housing Urban zone of the Auckland Unitary Plan, 44 Hutton Street presents a prime opportunity for high-density development (subject to council approval). This charming single-storey family home, built in 1947 with mixed materials and an iron roof, has been extended in the 1980s to accommodate its current four-bedroom, two-bathroom layout. The property boasts an average wall and roof condition and a floor area of 148sqm. With a CV of $980,000 as of June 2021, it has seen a 40% increase since July 2017, reflecting its growing value. The HouGarden AVM estimates the property at $912,500, making it an attractive prospect for investors.
History shows a strong capital value growth, and the recent sale history further solidifies the property's appeal. Located in a quiet cul-de-sac, it's mere minutes from Otahuhu town centre and motorway access, with local bus stops, schools, kindergarten, and a park within walking distance. Notably, it falls within the decile 1 zone for both Otahuhu College (Secondary, Year 9-15) and Fairburn School (Contributing), highlighting the quality of the school network.
Featuring a separate lounge, dining room, four generous bedrooms, two bathrooms, and a separate laundry, this home also includes a freestanding garage with a workshop. This is a fantastic opportunity that's ready for immediate possession. Don't miss out on this chance to own a piece of Otahuhu's thriving real estate market.
Updated on July 10, 2024