57 Oaktree Avenue, Browns Bay, Auckland - North Shore

Nestled on a spacious 758 sqm freehold section in the highly sought-after Rangitoto School zone, this 3-bedroom, 1-bathroom residence with a floor area of 120 sqm presents an opportunity for your next project. The property, featuring a tile roof and wooden exterior walls in good condition, was built in 1975 and offers a capital value increase of 18.32% over the past four years. The current CV stands at $1,550,000, while the HouGarden AVM estimates it at $1,440,000. The property's latest sale history includes transactions of $1,380,000 in 2016 and $1,000,000 in 2015. With a decile rating of 10, schools in the area include Sherwood School, Murrays Bay Intermediate, Northcross Intermediate, and Rangitoto College. The property is set in a quiet cul-de-sac with easy access to public transport, local amenities, and the beach.

Approved by the city council are two sets of resource consents: one for four stand-alone houses and another for six townhouses. This versatility, combined with the property's prime location, makes it an attractive investment. The open-plan living area extends to a back deck, ideal for entertainment while keeping an eye on the children. Two-car parking and the convenience of being in close proximity to Browns Bay shops, Sherwood Reserve, and Freyberg Park further enhance the appeal. This property is not just a home but a gateway to a vibrant community with a wide array of dining, recreational, and social offerings.

Located in a top-performing school zone, this property is perfect for families seeking quality education for their children. The Albany Mega Centre and park & ride are a short drive away, providing all the conveniences you need. Don't miss this chance to secure your dream home in a thriving neighborhood.

Updated on June 07, 2024