Back 18 Gaye Cres
Off Market

18 Gaye Cres

Otara Auckland

3
1
81 m²
627 m²
House
Last sold for $700,000
Lance MuluLance Mulu, last sold this property on 26 August 2024 after 20 days on market.

Overview

Help! Investor Exits And Stressed Home Needs Work!

Rising interest rates have impacted our vendor's ability to meet their mortgage obligations and Must SELL before the Bank steps in. This home offers plenty of scope for Investors, DIY enthusiasts, and developers to either renovate or rebuild and benefit from potential capital gains. Features: • 3 Bedrooms • Living room opens to a rear patio area • Combined bathroom and toilet • Kitchen and Dining • 81m2 floor area • Large 627m2 freehold site • Off-street parking Must view to appreciate the potential in this home. Call Lance Mulu on 021 795 793 or attend one of our Open Homes. Auction (Unless Sold Prior) 27/08/2024 @11:00 AM In Rooms: Ray White Manukau Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Features

3 bedrooms
1 bathroom
81 m² floor area
627 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Otara over the last 12 months, the estimated median property value of 18 Gaye Cres is $680.5k.

Median value
$680.5k
Estimated value range
$485k - $950k
Median days on market
25
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Otara. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 18 Gaye Cres

2024
Sold
$700,000
26 Aug 2024 by Lance Mulu, of Ray White Manukau(A T Realty Ltd)
2019
Sold
Undisclosed
10 May 2019 by Richie Lewis, of Ray White Manukau(A T Realty Ltd)

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 48 reviews in Otara over the last 12 months.

Local market activity for 3 bedroom houses in Otara

In the last 12 months, 94 three-bedroom houses similar to 18 Gaye Cres, have been sold.

This represents a 106% decrease in three-bedroom houses sales when compared to the previous 12 months.

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