Sold
20 Savoy Road,
Glen Eden, Waitakere City
Price withheld
Property details
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Agents
"Land Opportunity Waits"
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.
Explore the area
School catchments
- Glen Eden School Primary Years 1-6 State 0.85km
- Glen Eden Intermediate Intermediate Years 7-8 State 1.0km
- Fruitvale Road School Primary Years 1-6 State 1.1km
- Kelston Girls' College Secondary Years 9-15 State 1.2km
- Kaurilands School Primary Years 1-6 State 1.4km
- Te Kura ki Hikurangi (Auckland) Primary Years 1-6 State 1.4km
- Kelston School Primary Years 1-6 State 1.6km
- Konini School (Auckland) Primary Years 1-6 State 1.7km
- Arahoe School Primary Years 1-6 State 1.9km
- St Leonards Road School Primary Years 1-6 State 2.0km
- Green Bay High School Secondary Years 9-15 State 2.1km
- Kelston Boys' High School Secondary Years 9-15 State 2.2km
- Kelston Intermediate Intermediate Years 7-8 State 2.2km
- New Lynn School Primary Years 1-6 State 2.3km
- TKKM o Hoani Waititi Composite Years 1-15 State 2.3km
- Green Bay Primary School Full primary Years 1-8 State 2.3km
- Titirangi School Primary Years 1-6 State 2.5km
- Iqra School Composite Years 1-15 State integrated 2.5km
- Avondale College Secondary Years 9-15 State 4.2km
- Titirangi Rudolf Steiner School Composite Years 1-15 Private 4.2km
- Henderson High School Secondary Years 9-15 State 4.3km
- Lynfield College Secondary Years 9-15 State 5.4km
- Elim Christian College Mt Albert Composite Years 1-15 State integrated 5.6km
- North West College Secondary Years 7-15 Charter 6.1km
- ACG Sunderland Composite Years 1-15 Private 6.1km
- St Dominic's Catholic College (Henderson) Secondary Years 7-15 State integrated 6.1km
- Liston College Secondary Years 7-15 State integrated 6.2km
- Waitakere College Secondary Years 9-15 State 6.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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