18 Fairdene Avenue, Henderson, Auckland - Waitakere

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