Floor plan
Kitchen
Nestled in the serene Calthorp Close of Favona, Auckland, this 1970-built freehold property on a 615m2 land area boasts 4 bedrooms, 1 bathroom, and 2 car parks. Constructed with durable fibrous cement walls and iron roofing, both in good condition, this residential vacant land holds immense potential for multiple housing. The property, with a floor area of 100m2, is situated on an easy-to-moderate rise contour, inviting developers, investors, and first-home buyers to explore its possibilities.
Since 2017, the capital value has seen a remarkable increase of 36%, reaching $870,000 as of June 2021. The HouGarden AVM estimates it at $862,500, while the latest sales history shows transactions at $830,000 in June 2021 and $752,000 in April 2021. This indicates a strong growth trend and investment viability.
For families with children, the property falls within the zones of Koru School, a full primary with a decile rating of 1, and Mangere College, a secondary school catering to years 9-15, also with a decile rating of 1. This ensures access to quality education within the community.
Updated on November 29, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 3 | 90m2 | Year 2024 Month 11 Day 18 | - | Council approved | |
 | 0.24 km | 5 | 2 | 150m2 | Year 2024 Month 11 Day 05 | - | Council approved | |
 | 0.35 km | 3 | 2 | 118m2 | Year 2024 Month 10 Day 21 | - | Council approved | |
 | 0.35 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 01 | $710,000 | Council approved | |
 | 0.27 km | 3 | 1 | 130m2 | Year 2024 Month 09 Day 16 | - | Council approved |