D618/176 Broadway, Newmarket, Auckland

Nestled in the vibrant heart of Newmarket, Auckland, this 63 square meter, 2-bedroom, 1-bathroom apartment with a single carpark is a prime example of modern living. Constructed in 2002 with a mix of materials for the walls and iron for the roof, this unit title property is in good condition both inside and out. It is located in a level contour, within a quiet cul-de-sac, providing a peaceful retreat while being in close proximity to the city's amenities.

Since 2017, the capital value has shown a steady increase, reaching $730,000 as of June 2021, marking a growth of 4.29%. The HouGarden AVM estimates the property's worth at $680,000, while the latest sale in April 2024 was at $547,000, indicating a potentially sound investment opportunity.

For families with school-aged children, the property falls within the zones of some of Auckland's most prestigious schools. Auckland Grammar, a secondary school with a decile rating of 9, is within reach, as are Newmarket School, Auckland Normal Intermediate, and Epsom Girls' Grammar School, all of which are highly rated educational institutions.

Updated on May 22, 2024