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101 Preston Road

Otara Auckland

5
2
4
1310 m²
House
Currently for sale - view listing

Overview

1310m² more or less RENOVATE OR LAND BANK!

Opportunities like this are becoming increasingly rare in Auckland. Offered to the market, this much loved home opens the door for a new owner to secure a substantial landholding with exciting future potential. Whether you are a developer, investor, land banker, builder, renovator, or a large family searching for space and future upside, this is a property that deserves your immediate attention. Freehold rear section in the sought after Mixed Housing Suburban Zone, this classic 1960s weatherboard Kiwi home offers endless possibilities for those with vision. The existing dwelling features 5 bedrooms, 2 bathrooms, a large garage, and carport, providing comfortable accommodation while you plan your next move. The positioning of the home toward the front of the site is a major advantage, creating potential opportunities at the rear of the property for future development (subject to council approval) or additional dwellings with approval. Renovate and add value, retain the existing home while exploring, land bank for the future, or start fresh and maximise the site the choice is yours. For buyers looking at long-term growth, this property combines land size, zoning, and location in one compelling package. Large freehold sites of this scale are becoming harder to find, especially in such a convenient and well-connected location. Positioned close to: • Manukau Shopping Centre • Southern Motorway access • Auckland Airport • AUT South Campus • Manukau Sports Bowl • Public transport and local amenities This location continues to experience strong growth and demand, making it attractive for homeowners and investors alike. The instructions are clear - must be sold. The family is committed to meeting the market, creating a genuine opportunity for astute buyers to secure a premium piece of real estate with significant future potential. Do not miss this rare opportunity. Contact us today for further information or to arrange your private viewing.

Features

5 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
1310 m² lot size
House

Property history for 101 Preston Road

2025
Rented
Undisclosed
Leased on 19 Jul 2025 by The WORX Real Estate - Real Estate Brokers Limited
2021
Sold
$1,020,000
13 Jun 2021 by Kathy Evans, of Barfoot & Thompson - Papatoetoe

Happy sellers in Otara

85%
85% of sellers in Otara reported that their sale price either exceeded or met their price expectations.

Otara stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 45 reviews in Otara over the last 12 months.

Local market activity for 5 bedroom houses in Otara

In the last 12 months, 3 five-bedroom houses similar to 101 Preston Road, have been sold.

This represents a 25% increase in five-bedroom houses sales when compared to the previous 12 months.

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