Nestled on a serene cul-de-sac at 29 Capstick Road, Otara, Auckland, this charming family home on Freehold land boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1962 with wood walls in good condition and an iron roof in average condition, this property offers a comfortable living space of 90 square meters on a sprawling 801 square meter lot. The capital value has seen a remarkable increase from $560,000 in July 2017 to $1,085,000 as of June 2021, reflecting a growth of 93.75%. The property, with its level contour, presents a fantastic opportunity for families or first-time buyers looking to settle in a peaceful neighborhood.
History shows that the property was last sold for $699,000 in March 2018, following a sale in December 2017 for $538,000. The HouGarden AVM estimates the property's current value at $1,057,500. This indicates a steady appreciation in the property's worth. The building's solid structure and well-maintained exterior promise a sound investment for the future.
For families with children, the property falls within the zones of Rongomai School, a Contributing school with a decile rating of 1, and Tangaroa College, a Secondary school catering to Year 9-15 students, also with a decile rating of 1. This provides access to quality education within the community.
Updated on August 16, 2024