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2/131 Favona Road

Favona Auckland

2
1
1
70 m²
House
Currently for sale - view listing

Overview

Buy one, buy two or explore all four

1 & 2/131 Favona Road, Favona New to the market, 1 & 2/131 Favona Road offer a unique opportunity to purchase individually, together, or as part of a larger four-property proposition. Both are 1980s two-bedroom homes in original condition, offering plenty of scope for renovators, investors and developers. Each property is held on a cross-lease title with a 1/2 share of 898sqm (more or less) and has its own exclusive-use land area. 1/131 has a garage, while 2/131 has a carport. Adding another dimension to the opportunity, 16A & 16B Hilda Road, which back onto these properties, are already on the market with the same vendor. Together, the four properties provide a combined underlying land area of approximately 1,808sqm (more or less), with potential access from both Favona Road and Hilda Road. This creates an exciting proposition for developers and investors looking to explore the possibilities of a larger combined landholding, while still providing buyers with the flexibility to purchase the Favona Road properties separately. Conveniently located close to Otahuhu, motorway connections, public transport, shops, schools and local amenities. The opportunity: Two 2-bedroom homes. 1980s constructions in original condition • Cross-lease - 1/2 share of 898sqm (more or less). Exclusive-use land areas • Carport with 2/131 and off-street parking Buy individually or together. 16A & 16B Hilda Road also available • Four properties offering approximately 1,808sqm combined underlying land area • Potential access from Favona Road and Hilda Road Any redevelopment, subdivision, access or future use is subject to purchaser due diligence and all necessary Council and other relevant approvals.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
70 m² floor area
House

Happy sellers in Favona

83%
83% of sellers in Favona reported that their sale price either exceeded or met their price expectations.

Favona stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Favona over the last 12 months.

Local market activity for 2 bedroom houses in Favona

In the last 12 months, 8 two-bedroom houses similar to 2/131 Favona Road, have been sold.

This represents a 166% decrease in two-bedroom houses sales when compared to the previous 12 months.

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