20 Savoy Road
Glen Eden, Waitakere City
Glen Eden, Waitakere City
SOLD
3
1
"Land Opportunity Waits"
This single-level home on a 1047m2 site with a private front deck offers good indoor/outdoor flow. The fully fenced front yard is a great feature for families with children and pets, providing a safe space to play. Having three decent-sized double bedrooms makes it suitable for families or potential renters. Open plan lounge and dining gives a spacious feel to the living area and the presence of a new bathroom and a reasonably modern kitchen is a plus for modern living.
The current rental appraisal of $680 per week is a good indicator of its income potential. The current long-term tenant, who is happy to stay, can provide stable rental income.
Being zoned for Glen Eden Primary and Glen Eden Intermediate, makes the property attractive to families, potentially increasing its rental value or resale appeal in the future. Just a 6-minute walk to the train station, bus route and local shopping centre, making it convenient for commuters and adding to its appeal.
It's worth noting that the property is within reasonable distance to Auckland Airport (24.4 km - 35 minutes) and Auckland CBD (17.0 km - 25 minutes), making it readily accessible for those who work or travel to these areas.
This property ticks many boxes for families, developers or savvy investors who can see the potential for gains in the future. The large 1047m2 site with a recently installed Storm Water connection lends itself to multiple possibilities to either a Developer or astute investor wanting to land bank for future development. Overall, this property offers a mix of immediate rental income, development potential, and family-friendly features. It could be a good investment for those looking for a property in the Auckland area with long-term growth potential. Don't hesitate in doing your thorough due diligence, including inspections, zoning regulations, and financial analysis before making your decision as this property will attract a lot of interest in this current market of change.
The current rental appraisal of $680 per week is a good indicator of its income potential. The current long-term tenant, who is happy to stay, can provide stable rental income.
Being zoned for Glen Eden Primary and Glen Eden Intermediate, makes the property attractive to families, potentially increasing its rental value or resale appeal in the future. Just a 6-minute walk to the train station, bus route and local shopping centre, making it convenient for commuters and adding to its appeal.
It's worth noting that the property is within reasonable distance to Auckland Airport (24.4 km - 35 minutes) and Auckland CBD (17.0 km - 25 minutes), making it readily accessible for those who work or travel to these areas.
This property ticks many boxes for families, developers or savvy investors who can see the potential for gains in the future. The large 1047m2 site with a recently installed Storm Water connection lends itself to multiple possibilities to either a Developer or astute investor wanting to land bank for future development. Overall, this property offers a mix of immediate rental income, development potential, and family-friendly features. It could be a good investment for those looking for a property in the Auckland area with long-term growth potential. Don't hesitate in doing your thorough due diligence, including inspections, zoning regulations, and financial analysis before making your decision as this property will attract a lot of interest in this current market of change.