8/92 Bush Road, Albany, Auckland - North Shore

Nestled in the highly sought-after The Grange complex, this sun-kissed two-bedroom townhouse with a single bathroom and a carpark presents an ideal opportunity for first-home buyers, astute investors, and those looking to downsize. Constructed in 1980 with roughcast walls and an iron roof, both in good condition, this unit title property boasts a level contour and a floor area of 76 square meters. The property has seen a significant increase in Capital Value (CV), rising from $560,000 in 2017 to $660,000 as of June 2021, marking a growth of 17.86%. The latest sale history includes transactions in 2013 for $336,000 and in 2011 for $260,000, while the current HouGarden AVM estimates the property at $612,500.

With its prime location in a quiet cul-de-sac off Bush Road, the residence is mere minutes from Massey University, Westfield Albany Mall, and a plethora of cafes and restaurants. The property is within walking distance to Albany Senior High School, Albany School, and Albany Junior High School, all with high decile ratings, making it an attractive proposition for families. Additionally, the complex offers amenities such as a heated swimming pool and a tennis court, while the convenience of a heat pump, a lockable garage, and a reserved parking space further enhance the appeal.

Boasting north-facing living areas that are light and airy, a tidy kitchen, and a private courtyard, this townhouse has been recently refreshed with a new coat of paint and new carpets. It's ready for its new occupants to move in and enjoy the lifestyle it offers. With a rental potential of $640 to $680 per week, this property is not only a comfortable home but also a very attractive investment option in a location that continues to see growth and demand.

Updated on May 16, 2024