Nestled in the serene cul-de-sac of 18 Fairdene Avenue, Henderson, this freehold property is a developer's dream. Constructed in 1960 with wood walls and tiled roof, it boasts 2 bedrooms, 2 carparks, and a floor area of 102sqm on a vast 819sqm plot. The capital value has seen an impressive 85.48% increase from $930,000 in 2017 to $1,725,000 as of June 2021. The latest sale was in 2017 for $980,000, while the HouGarden AVM estimates it at $1,607,500. This property is not just about numbers; it's about potential, strategically located in a zone that's prime for development.
With a government valuation on the rise and a history of solid growth, this property presents a secure investment. The flat land, zoned for Residential - Terrace Housing and Apartment Building, allows for a multitude of possibilities. It's a golden opportunity for investors and homebuyers looking to capitalize on the property's full potential.
For families, the school network is a significant draw. Zoned for Waitakere College and close to Pomaria Road School, Henderson Intermediate, and Henderson North School, all with a decile rating of 3, quality education is within easy reach. This property is not just a piece of land; it's a foundation for a bright future.
Updated on July 12, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 4 | 1 | -m2 | 2024 10 22 | - | Council approved | |
 | 0.11 km | 3 | 1 | -m2 | 2024 10 11 | - | Council approved | |
 | 0.21 km | 3 | 1 | -m2 | 2024 10 01 | - | Council approved | |
 | 0.21 km | 3 | 1 | -m2 | 2024 09 18 | $830,000 | Council approved | |
 | 0.09 km | 3 | 1 | -m2 | 2024 07 01 | $1,100,000 | Council approved |