Sold
7a & 7b Norana Avenue,
Favona, Manukau City
NZD 975,000
Property details
-
Agents
Ray White Manukau: A T Realty Limited Licensed (REAA 2008)
603 Great South Road, Manukau Manukau City 2104
-
CASH COW-MUST BE SOLD!
Unlock the potential of this rare home and income opportunity on a generous 1199sqm (more or less) section in the ever-growing suburb of Favona.
The main home comprises of a solid 3-bedroom, 1-bathroom home, offering great bones and plenty of scope for renovation or reimagining. Whether you're looking to modernise and add value or create your dream family home, this space is a canvas waiting for your personal touch.
Tucked behind the main home is a fully self-contained, standalone 3-bedroom, 1-bathroom dwelling, with a combined income of $1,105 per week & tenants eager to stay on-This makes for a strong income stream right from the get-go - ideal for savvy investors or those seeking extra help with the mortgage.
Key Features:
Large 1199sqm landholding - potential for future development (subject to council approval)
Two fully separate dwellings - ideal for extended families, investors, or multi-generational living
Rental income of $1,105/week total
Excellent location - close to schools, motorway access, local shops, and public transport
Ample on-site parking and outdoor space
Whether you're a big family needing space, a renovator with vision, or an investor looking for solid returns, this property ticks all the boxes.
Opportunities like this are rare - act fast and secure your future in Favona!
Disclaimer -This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent.
The main home comprises of a solid 3-bedroom, 1-bathroom home, offering great bones and plenty of scope for renovation or reimagining. Whether you're looking to modernise and add value or create your dream family home, this space is a canvas waiting for your personal touch.
Tucked behind the main home is a fully self-contained, standalone 3-bedroom, 1-bathroom dwelling, with a combined income of $1,105 per week & tenants eager to stay on-This makes for a strong income stream right from the get-go - ideal for savvy investors or those seeking extra help with the mortgage.
Key Features:
Large 1199sqm landholding - potential for future development (subject to council approval)
Two fully separate dwellings - ideal for extended families, investors, or multi-generational living
Rental income of $1,105/week total
Excellent location - close to schools, motorway access, local shops, and public transport
Ample on-site parking and outdoor space
Whether you're a big family needing space, a renovator with vision, or an investor looking for solid returns, this property ticks all the boxes.
Opportunities like this are rare - act fast and secure your future in Favona!
Disclaimer -This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent.
Explore the area
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Video
Contact Shane Hodgson
Contact Shane Hodgson
Shane Hodgson
7a & 7b Norana Avenue, Favona 2024
Request a callback
Shane Hodgson
7a & 7b Norana Avenue, Favona 2024