31 Fairdene Avenue, Henderson, Auckland - Waitakere

Nestled in the serene cul-de-sac of Fairdene Avenue, this vacant land with a promising Multiple Housing Unit (MHU) zoning is a gem for investors and developers. The 913 sqm property, held freehold, boasts a robust construction with mixed materials for both walls and roof, both in good condition. It offers a floor area of 135 sqm, with 3 bedrooms and 2 carparks, plus an office space that adds to the functionality. The capital value has seen a staggering increase of 90.86% from $930,000 in 2017 to $1,775,000 as of 2021. The latest valuation from HouGarden AVM stands at $1,730,000, while the property was last sold in 2003 for $105,200. This prime location is not only close to Lincoln Road and motorway links but also falls within the decile 3 school zones of Pomaria Road School, Waitakere College, Henderson Intermediate, and Henderson North School, making it an ideal choice for families.

With a property contour that slopes gently to the rear, this land presents a golden opportunity for those seeking a long-term investment or looking to rent while exploring development options. The site's wide frontage provides flexibility in positioning new homes. This brick and tile exterior promises an easy-care rental, appealing to those who value convenience and low maintenance. Don't miss the chance to secure this property that comes to the market for the first time in 47 years.

Education wise, the property is within a highly regarded school network. The nearby Pomaria Road School and Henderson North School are contributing schools, while Waitakere College and Henderson Intermediate cater to secondary and intermediate levels respectively, all with a decile rating of 3. This ensures a quality education for children in the area.

Updated on July 19, 2024