46 Harania Avenue, Favona, Auckland - Manukau

Nestled on a generous 936m² of freehold land at 46 Harania Avenue, Favona, Auckland, this 1970-built residence with wood exterior walls and tiled roofing offers a promising investment opportunity. The 94m² floor area is home to 3 bedrooms, 1 bathroom, and 2 car parks, featuring an average wall and roof condition. This property, perfect for developers and homebuyers with a vision, has seen a significant jump in its Capital Value (CV) from $630,000 in 2017 to $1,250,000 as of June 2021, marking a 98.42% increase.

With a HouGarden AVM of $1,200,000 and a latest sale history of $302,500 in 2007, this property is strategically positioned in a family-friendly cul-de-sac, zoned for mixed housing suburban. It's less than 5 minutes from Favona School (Decile 2) and Southern Cross Campus (Yrs 7-8, Decile 1), making it an ideal choice for families with educational priorities.

Located in a prime location with easy access to the South Western on-ramp, Auckland Airport, and the CBD, this property is not just a home but a smart investment. It's a golden opportunity for those looking to unlock potential through subdivision or development, subject to council approval. Don't miss the chance to transform this expansive property into a lucrative venture!

Updated on October 21, 2024