2/24 Robertson Road, Favona, Auckland - Manukau

This charming property located at 2/24 Robertson Road, Favona, Auckland - Manukau, offers a fantastic opportunity for first home buyers or investors seeking a low maintenance home. Built in 1979, this brick and tile home features 2 bedrooms, 1 bathroom, and a single garage, covering a floor area of 70 square meters. It operates under a Cross-Lease ownership type, ensuring a level of security and stability for the owner. The property is well-presented, boasting good condition walls and roof, and is nestled down a private driveway, providing a secluded outdoor living area perfect for entertaining. Additionally, it includes a dedicated car park with ample on-street parking, and is conveniently located just a 5-minute drive from the town center, close to shops, motorways, public transport, Auckland airport, Mangere Bridge, and Mangere Town Centre.

From a financial perspective, the property has seen a significant increase in capital value, rising from $440,000 in July 2017 to $620,000 in June 2021, marking a 40.91% increase. Despite a recent sale at $502,000 on May 10, 2023, the HouGarden AVM estimates its value at $592,500, indicating a potential for growth. This property is indeed priced to sell at $559,000, making it an attractive investment.

For families considering educational opportunities, the property is zoned for Favona School (decile 2) and Southern Cross Campus (Yrs 7-8) (decile 1), offering a range of educational options for children. This home is not only a wise financial investment but also a chance to become part of a community with access to quality education.

Updated on April 05, 2024.