Nestled in the serene Favona neighborhood of Auckland, 74 Mahunga Drive presents a valuable opportunity on a freehold property. This 1985-built home boasts 3 bedrooms, 1 bathroom, and 2 car parks, all set on a level 605sqm lot with a fibrous cement exterior and tiled roof in good condition. The property's capital value has seen a significant increase from $650,000 in 2017 to $1,100,000 as of June 2021, reflecting a growth of 69.23%. The latest sales history includes transactions in 2014 and 2009, with the HouGarden AVM currently valuing the property at $1,107,500.
For families, the property falls within the zones of Mangere Bridge School (Decile 3), Sir Douglas Bader Intermediate (Decile 1), and Royal Oak Intermediate School (Decile 2), offering a variety of educational options. The location provides convenience, with easy access to amenities, public transport, and potential for sub-division, subject to council approval.
With its prime zoning for terrace and apartment development, and the potential to add value, this property is a gem waiting to be polished. Whether you're a first-time buyer or an investor, it's a golden opportunity to start a new chapter.
Updated on September 19, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
0.05 km | 2 | 1 | 71m2 | 2024 10 22 | $590,000 | Council approved | ||
 | 0.16 km | 2 | 2 | -m2 | 2024 10 19 | $545,000 | Council approved | |
0.17 km | 2 | 1 | 74m2 | 2024 10 16 | $580,000 | Council approved | ||
0.17 km | 2 | 1 | 74m2 | 2024 09 04 | $580,000 | Council approved | ||
0.05 km | 2 | 1 | 71m2 | 2024 07 12 | $620,000 | Council approved |