7c Agar Place, Favona, Manukau City

Nestled at 7c Agar Place, Favona, Auckland, this newly completed 3-bedroom townhouse on a freehold title boasts a capital value of $860,000 as of June 2021. Constructed with wood walls and an iron roof in 2024, this residential unit is a haven of modern living. The 118sqm floor area is complemented by a level contour 97sqm land, offering an open-plan living space, a stylish kitchen with engineered stone benchtops, and quality finishes throughout. The property features two full bathrooms upstairs, a guest toilet downstairs, and a master bedroom with an ensuite, ensuring comfort and privacy. Energy-efficient touches like a heat pump, LED mirrors, and double-glazed windows are complemented by a low-maintenance yard with artificial grass. The property includes an internal access garage and an additional parking spot. Notably, the property is in a sought-after school zone, with Koru School, Waatea School, and Mangere College nearby, and boasts a HouGarden AVM of $825,000, reflecting a promising investment with a growing capital value.

As for its valuation history, the property has seen a steady increase in its capital value, making it an attractive prospect for investors. The recent sale history and rapid CV growth percentage further solidify its appeal. This residence is not only a bargain but also a wise investment in a prime location.

For families with children, the school network is a significant plus. The property falls within a high-scoring decile, ensuring access to quality education. With its prime location, modern amenities, and promising investment potential, this townhouse is an ideal choice for both first-home buyers and investors.

Updated on October 22, 2024