204/25 Bute Road, Browns Bay, Auckland - North Shore

Nestled in the highly sought-after Pines apartments of Browns Bay, this second-floor, 2-bedroom, 1-bathroom unit with a single carpark presents an opportunity for investors, singles, couples, and small families. Constructed in 2016 with concrete walls and an iron roof, both in good condition, the property boasts a floor area of 63 square meters and is governed by a Unit Title. The property has seen a significant Capital Value increase of 13.33% from $750,000 in 2017 to $850,000 as of June 2021. The HouGarden AVM estimates the property's value at $852,500, making it an attractive prospect in a rapidly appreciating market.

With a CV history reflecting strong growth and a recent sale, this residence is not just a home but a sound investment. The property's location within a quiet cul-de-sac and its proximity to the beach further enhance its value, offering a lock-up and leave lifestyle that's hard to find at this price point.

For families with school-aged children, the property falls within the zones of top-rated schools, including Long Bay College (Decile 10), Northcross Intermediate (Decile 10), and Browns Bay School (Decile 10), ensuring access to the best education on the North Shore.

Updated on September 23, 2024