72 Langana Avenue, Browns Bay, Auckland - North Shore

Nestled at 72 Langana Avenue, Browns Bay, Auckland, on a freehold titled section, is this promising 4-bedroom residence with a floor area of 170sqm and a land area of 696sqm. Constructed in 1980 with wood exterior walls and tiled roofing, the property is in good condition both inside and out. It sits on a contour with an easy/moderate rise, providing a serene environment in a quiet cul-de-sac. The property has seen a capital value increase from $1,230,000 in July 2017 to $1,425,000 as of June 2021, reflecting a growth rate of 15.85%. The property also boasts 2 car parks and is ready for renovation and modernization, offering a unique opportunity to create your dream coastal retreat.

As for the valuation, the HouGarden AVM estimates the property at $1,327,500. The latest sale history includes transactions in 2000 for $280,000 and in 1994 for $184,000. This indicates a consistent and healthy appreciation over the years. The property is set within prime school zones, including Long Bay College, Sherwood School, Northcross Intermediate, Pinehill School, and Murrays Bay Intermediate, all decile 10 institutions. Rangitoto College, another top secondary school, is also in the vicinity.

With such an impressive array of educational institutions in the area, this property is not only an ideal family home but also a sound investment in the burgeoning Browns Bay property market. It's an opportunity to seize the potential of tomorrow.

Updated on July 12, 2024