1/131 Favona Road, Favona, Auckland

For Sale

1/131 Favona Road, Favona, Auckland

Deadline Sale

70 m²

House

•

3 days on the market

Next inspection:: Saturday 12 September 12:00 PM

Inspection times

12th Sep

Saturday

12:00 PM - 12:30 PM

13th Sep

Sunday

12:00 PM - 12:30 PM

What's around 1/131 Favona Road

Buy one, buy two or explore all four

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 construction in original condition •Cross-lease - 1/2 share of 898sqm (more or less) •Exclusive-use land areas •Garage with 1/131 and carport with 2/131 •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.