Nestled in the coveted suburb of Browns Bay, Auckland, this 3-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity. Constructed in 1970 with enduring brick walls and tiled roofing, this cross-lease property sits on an easy-to-moderate contour with an average condition wall and roof. It boasts a floor area of 100sqm and is set in a quiet cul-de-sac at 2/12 Hollyhock Place. The property has seen a CV increase of 10.34% from $870,000 in 2017 to $960,000 as of June 2021. HouGarden AVM values it at $935,000, while the latest sales were at $885,000 in 2021 and $818,000 in 2016.
For families, the property is in a prime school zone, with decile 10 schools such as Long Bay College, Sherwood School, Northcross Intermediate, and Murrays Bay Intermediate within reach. Rangitoto College also falls in the zone, offering a comprehensive secondary education. The property features a recently renovated low maintenance exterior, a heat pump for comfort all year round, and a fenced backyard for minimal maintenance and ample space for children to play.
With its excellent indoor-outdoor flow, walking distance to local amenities, and the highly regarded school network, this property is a sound investment for those looking to enter the property market or downsize in a desirable location.
Updated on August 19, 2024