43 Savoy Road, Glen Eden, Auckland - Waitakere

Nestled on a prime piece of real estate at 43 Savoy Road, Glen Eden, Auckland, this residential vacant land holds the promise of multiple housing with 8 units planned. Each unit is designed to be a 2-storey townhouse with 1 carpark, boasting a variety of layouts. The property is a freehold with a floor area of 150 square meters and a land area of 898 square meters. Constructed in 1949, the building features a mixed materials exterior, a tiles roof in good condition, and is set on a contour with an easy to moderate fall. The site has completed RC and EPA, with the BC ready to submit soon.

As per the valuation history, the capital value has seen a remarkable increase from $810,000 in 2017 to $1,625,000 as of June 2021, showcasing a 100.62% growth. The HouGarden AVM estimates the property's worth at $1,635,000. The latest sale history includes transactions at $1,070,000 in 2020 and $872,000 in 2016.

For families with school-aged children, this property falls within the zones of several reputable schools. Kelston Intermediate and Kelston Boys' High School are both rated a decile 3, while Glen Eden School and Kelston Girls' College are rated a decile 2 and 3 respectively. Glen Eden Intermediate stands out with a decile 7 rating, indicating a high standard of education in the area.

Updated on September 17, 2024