167 Preston Road, Otara

Price Subject to Negotiation

167 Preston Road, Otara, Auckland, New Zealand

Listing No : #500179823 October 2026 8 views

Details

bedrooms5bathrooms1parking12floor_area130m²land_area1262m²Open HomeYes

Open Home Times

From
2026-10-24T14:00
To
2026-10-24T14:30

Description

Renovators & Developers: Do-up on 1262m² FH land Calling all experienced renovators, builders, and savvy investors—this is the ultimate value-add project you’ve been waiting for. Held by the same family for decades, this cherished multi-generational property at 167 Preston Road, Otara is on the market for the first time in generations. The vendors are motivated, realistic, and ready to sell on auction day. The House: • Spacious 130m² Floor Area: A solid, generous footprint offering plenty of room to reconfigure or modernize. • 5 Bedrooms: Perfect layout for large families or high-yield rental returns. • Functional Living: Features an open-plan kitchen and lounge, one central bathroom, and a separate laundry. • The Ultimate Do-Up: Top-to-bottom project—bring your toolbelt, vision, and trade expertise to restore this home and unlock serious equity. The Land & Potential: • 1,262m² Section: Expansive land holding massive future upside. • Development Potential: Explore your options to subdivide, develop, or add a Sleepout for extra income (subject to council approval). • Land Bank or Value Add: Hold for future capital growth or transform the existing house into a standalone showcase. The Location: Conveniently situated within easy walking distance to nearby schools and just a short drive to local amenities, town centres (Otara, Ormiston & Manukau), and motorway links. If you're hunting for a true bargain with substantial square footage and unbeatable land content, this is it. Opportunity is knocking—bring your hammer!