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Sold: $750,000

Sold on 2024 Year 2024 Month 09 Day 10

408/4 Bute Road, Browns Bay, Auckland - North Shore

1
1
43m2

Nestled in the heart of Browns Bay, at 408/4 Bute Road, is a contemporary apartment, built in 2021 with a mix of high-quality materials for the walls and an iron roof. This unit title property boasts a level contour and is maintained in good condition both inside and out. It features one bedroom, one bathroom, and a cozy floor area of 43 square meters, perfect for a starter home or investment opportunity.

As per the latest valuation records, the capital value has seen a significant increase from $650,000 in 2017 to $760,000 in 2021, reflecting a growth rate of 16.92%. The HouGarden AVM estimates the property's worth at $730,000, closely in line with the latest sale on September 10, 2024, at $750,000.

For families with school-aged children, this property falls within the highly sought-after school zones of Long Bay College, Northcross Intermediate, and Browns Bay School, all decile 10 institutions, ensuring access to the best education in the area.

Updated on October 16, 2024

Council Data

Last update : 2025 01 22
Improvement value$385,000Increased by 24% from year 2017
Land value$375,000Increased by 10% from year 2017
CV(Year 2021 Month 06)$760,000Increased by 16% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Floor area43m²
Decade of construction2021
Title1007798
Type of titleUnit Title
Legal descriptionUNIT 408 DP 555807 AU133S
CouncilAuckland - North Shore
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 408 DEPOSITED PLAN 555807 AND ACCESSORY UNIT 133S DEPOSITED PLAN 555807
Council rates$2,192.44
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Town Centre Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Browns Bay School
0.83 km
Primary
1-6
Government
Co-Educational
EQI: 373
10
Northcross Intermediate
1.95 km
Secondary
7-8
Government
Co-Educational
EQI: 407
10
Long Bay College
2.72 km
Secondary
9-15
Government
Co-Educational
EQI: 422
10

Property history

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For developers

Unitary plan:Business - Town Centre Zone
Land:-
Title:Unit Title

Surrounding facilities

Bute Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Browns Bay properties data
Sales count(Last 12 months)
7View
Type: Unit
Sales median price(Last 12 months)
$575,000
Low: $500,000, High: $750,000
Rent median price(Last 12 months)
$490
Low: $350, High: $595
Browns Bay property trend
Year
Median price
Growth
Sales count
2024
$575,000
-3%
7
2023
$592,500
-16.3%
2
2022
$708,250
4.9%
4
2021
$675,000
-8.9%
5
2020
$740,750
21.4%
4
2019
$610,000
-2%
7
2018
$622,500
32.6%
2
2017
$469,500
-12.4%
8
2016
$536,250
-12%
2
2015
$609,500
3.3%
2
2014
$590,000
-
3

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
110/4 Bute Road
0.04 km
1
1
49m2
Year 2024 Month 12 Day 01
$565,000
Council approved
411/4 Bute Road, Browns Bay
0.00 km
2
2
92m2
Year 2024 Month 11 Day 21
-
Council approved
110/4 Bute Road, Browns Bay
0.04 km
1
1
49m2
Year 2024 Month 10 Day 26
$565,000
Council approved
0.00 km
1
1
49m2
Year 2024 Month 10 Day 23
$500,000
Council approved
3J/9 Bute Road, Browns Bay
0.10 km
2
1
-m2
Year 2024 Month 10 Day 01
$940,000
Council approved

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