Nestled in the serene cul-de-sac of Arran Road, Browns Bay, this 1992-built, freehold property is a charming residence that has seen a significant Capital Value (CV) increase of 34.43%. Currently valued at $1,425,000, it was previously valued at $1,060,000 in 2017. The 3-bedroom, 2-carpark home sits on an 810sqm section with a floor area of 170sqm. Constructed with wood exterior walls and tiled roofing, both in good condition, this dwelling offers the comfort of single-level living. The property is estimated at $1,210,000 by HouGarden AVM and boasts a sales history where it was last sold for $493,000 in 2004 and $175,000 in 1992.
For families, the property falls within the decile 10 school zones of Northcross Intermediate, Browns Bay School, Murrays Bay Intermediate, and Rangitoto College, ensuring top-notch education for the children. The home's tropical pool and expansive backyard provide a private oasis, while the strategic location offers easy access to amenities and motorways.
With such a promising CV growth and a prime location within an esteemed school network, this property is an attractive opportunity for investors, families, or those looking to downsize without compromising on quality and convenience.
Updated on May 20, 2024