Kitchen
Beds
Nestled in the serene cul-de-sac of Burrows Place, Frankton, this contemporary 1-bedroom, 1-bathroom unit with a single carpark, presents an opportunity not to be missed. Constructed in 2020 with mixed materials for the walls and iron for the roof, this Unit Title property boasts a level contour and a well-maintained condition both inside and out. The property's Capital Value (CV) has seen a remarkable increase from $345,000 in September 2018 to $520,000 in September 2021, reflecting a growth of 50.7%. The HouGarden AVM estimates the property's worth at $485,000, while the latest sale in June 2019 was for $390,000. This property is perfect for those looking to enter the market or add to their investment portfolio.
With a CV that has been rapidly appreciating, this property is not just a home but a sound investment. The recent increase in CV is a testament to the area's growing popularity and potential for future growth. The property's convenient location near amenities and accessible bus routes adds to its appeal, making it an ideal choice for first home buyers, investors, and professional couples.
For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4) and Maeroa Intermediate (Decile 3), ensuring access to quality education. This combination of stylish living, investment potential, and educational opportunities makes 10/10 Burrows Place a truly attractive prospect.
Updated on June 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 20 | - | Council approved | |
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 11 Day 22 | $570,000 | Council approved | |
 | 0.13 km | 2 | 1 | 86m2 | Year 2024 Month 10 Day 22 | $475,000 | Council approved | |
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 10 | $599,000 | Council approved | |
 | 0.06 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 05 | $629,000 | Council approved |