Wholesale Property

137 HALL AVE, FAVONA, AUCKLAND, TOWNHOUSES

• Well designed, high quality, low maintenance houses in strong rental demand location

• 45 x 2 & 3 bedroom townhouses - Just 9 remaining

• Opportunity for additional capital growth before settlement in December 2021

• Prices: 2 beds $650k - $670k, 3 beds $699k - $729k

• 53% of dwellings in this suburb have 1-4 occupants and 31% have annual household income of $70k+

• The South Auckland market is a consistent long term performer and this location is 7.2km from Auckland Airport, 10km from Manukau City and 15km from Auckland CBD.

FAVONA HOUSE/TOWNHOUSE MARKET PERFORMANCE

Market data sources: Real Estate Investar, Tenancy Services, REINZ, One Roof

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate.

PRICE AND AVAILABILITY SUMMARY

Note: The NSA/Net Sqm/Int. SQM area is calculated from the mid-point of the inter-tenancy wall to the external face of the façade as per PCNZ Guidelines.

ADDITIONAL DOCUMENTS

• Property Investors 2-bed forecast unfurnished

• Property Investors 3-bed forecast unfurnished

• First Home Buyers 2-bed forecast

• First Home Investors 2-bed forecast

• Property investment 1 page snapshot

• Rental appraisals

• Bodycorp

• Site plan

• Floor plans

• Specifications

PROJECT OVERVIEW

2 and 3 Bedroom Townhouses

These Brick townhouses showcase how traditional building methods and design has lasted the distance over the centuries. These homes are designed so they will look good now, in 5 years, and in 50 years’ time and with minimal maintenance compared to more ‘modern’ architecture. With a limited number of 2 and 3 bedroom townhouses, make sure you get in early to secure your first choice.

The spacious, open-plan living area features a designer kitchen with stone bench-tops and high-quality appliances; and flows to a private outdoor courtyard – the perfect entertaining area. The 2-bedroom homes are set out over two floors with the kitchen and living room on the ground floor (which also includes a guest toilet); and two large bedrooms and a full bathroom upstairs.

The 3-bedroom homes have one bedroom plus the kitchen, living room and a full bathroom on the ground floor; and two further bedrooms plus a second full bathroom upstairs. Both the 2 and 3-bedroom options have one oversized bedroom allowing for additional storage or a desk for working-from-home options. Each has one allocated carpark for your exclusive use.

This development consists of seven 3-bedroom and five 2-bedroom new homes set in amongst a developing area with 45 new homes planned over the next 18 months. A full landscape plan has been prepared by a master landscape designer and will add to your enjoyment and significantly add value to your new home.

Location

A solid growth location, situated amongst other newly built housing, you will have easy access to Auckland CBD (15kms) via the South Western Motorway (within 1km to the on/off ramp). Other draw cards to the area include:

·       Countdown supermarket and shopping area within 2kms

·       4 separate parks and open spaces within 1.5kms

·       Middlemore Hospital within 5kms

·       Auckland Airport within 7kms

With Mangere Bridge on your doorstep, we are picking this area to be the next up and coming suburb to Boom.

$28 billion from the Government and Auckland Council has been allocated for new infrastructure spending as a part of a 10 year funding package towards the transport network plan. The plan focuses on a well-connected system that will deliver great safety, accessibility and liveability outcomes in South Auckland. It includes investment in the rail network, bus services, a walking and cycling network and safety upgrades and improvements to the roading network