31 Firth Crescent, Otara, Auckland - Manukau

Nestled in the heart of Otara Peninsula, this charming 1950s weatherboard and tile property at 31 Firth Crescent offers a captivating blend of originality and potential. The 3-bedroom, 1-bathroom, and single carpark home sits on a generous 801m2 of Freehold land, zoned Mixed Housing Suburban with an on-site wastewater system. The roof, constructed of tiles, is in average condition, while the wooden exterior walls are well maintained. The property's Capital Value has seen a recent decrease of 27.66%, from $940,000 to the current $680,000, according to government valuations. However, the HouGarden avm estimates a higher value of $902,500. The property's latest sale history includes transactions in 2008 for $160,135 and in 2004 for $159,000. Currently tenanted since 2014, it provides a stable income of $510 per week, amounting to a potential annual return of $26,520.00.

Educationally, the property falls within the decile 1 Otahuhu College and Wymondley Road School zones, and the decile 2 Papatoetoe Intermediate. Sir Edmund Hillary Collegiate Senior School, also a decile 1 institution, is in close proximity. This combination of schools ensures a quality education for families. The property's location is super convenient, with easy access to Otara, Otahuhu, Papatoetoe, Middlemore, and Highbrook, as well as Sylvia Park and the airport, making it an ideal investment opportunity.

For those seeking a site with development potential or land-banking, this property presents a rare chance with a proven cash flow to secure your financial future. The vendor's new plans for the property open doors for its next chapter. Don't miss the auction on Wednesday, 27 August at 12:30pm.

Updated on September 24, 2025