2/88 Arran Road, Browns Bay, Auckland - North Shore

Nestled in a tranquil cul-de-sac of Browns Bay, this 1960s residential dwelling on 2/88 Arran Road boasts 3 bedrooms, 1 carpark, and a floor area of 109sqm. Constructed with wood exterior walls and tiled roofing, the property is in good condition both inside and out. It sits on a cross-lease freehold with a property contour that offers an easy to moderate fall. The government's capital value (CV) has seen a significant increase from $880,000 in 2017 to $1,075,000 as of June 2021, reflecting a growth of 22.16%. HouGarden's AVM estimates the property at $1,047,500, while the latest sales history shows a progression from $369,000 in 2007 to $575,000 in 2013. This home is zoned for top-rated schools, including Northcross Intermediate, Browns Bay School, Murrays Bay Intermediate, and Rangitoto College, all with a decile rating of 10.

Despite a subsidence issue that presents a challenge, this property holds immense potential for developers and specialists, offering a unique opportunity to transform it into something extraordinary.

Situated in an elite school zone, the educational opportunities for families are second to none, making this property not just a sound investment but also a wise choice for those who value quality education.

Updated on August 22, 2024