Located at 37 Forbes Road, Favona, Auckland - Manukau, this unique property spans a generous land area of 2852m² and features a floor area of 104m². It comprises 6 bedrooms, 3 bathrooms, and 1 carpark. Built in 1960, the residence showcases brick walls in average condition and a tile roof also in average condition. The property, categorized as Residential - More than one dwelling, boasts a level contour and is held under a Freehold ownership type. This property is not just a home; it's a canvas awaiting a visionary's touch, backing onto a serene reserve and waterway.
The property has seen a remarkable capital value increase, from $830,000 on July 1, 2017, to $1,675,000 on June 1, 2021, marking a growth of over 101.8%. The latest HouGarden AVM estimates the property's value at $1,607,500. Notably, it sold for $3,450,000 on February 29, 2024, a significant leap from its previous sale price of $765,000 on October 15, 2014.
Situated within the school zones of Favona School (Decile 2, Contributing) and Southern Cross Campus (Yrs 7-8) (Decile 1, Composite), this property offers educational opportunities in close proximity. The location and its potential make it an attractive option for families and investors alike.
Updated on April 04, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 4 | 2 | 100m2 | Year 2025 Month 01 Day 29 | $841,000 | Council approved | |
 | 0.14 km | 5 | 2 | 193m2 | Year 2025 Month 01 Day 14 | $901,000 | Council approved | |
 | 0.20 km | 3 | 1 | 94m2 | Year 2024 Month 09 Day 28 | - | Council approved | |
 | 0.29 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | $750,000 | Council approved | |
 | 0.30 km | 3 | 1 | 90m2 | Year 2024 Month 08 Day 18 | - | Council approved |