Nestled in a serene cul-de-sac at 98a Arran Road, Browns Bay, this freehold property is a Residential - Dwelling category gem. Constructed in 1964 with solid brick walls and an Iron roof, both in good condition, the home sits on an easy/moderate fall contour. It boasts 5 bedrooms, 2 bathrooms, a carpark, and a spacious floor area of 216sqm on a land area of 1012sqm. The capital value has seen a growth of 24.15% from $1,470,000 in 2017 to $1,825,000 as of June 2021. The HouGarden AVM estimates the property at $1,780,000, while the latest sale was in 2012 for $715,000. Currently rented for $800/week, this property offers open views, a private deck for entertainment, and a tranquil backyard. It's zoned for high decile schools, including Northcross Intermediate, Pinehill School, Browns Bay School, Murrays Bay Intermediate, and Rangitoto College.
With all water pipe services onsite, this property has subdivision potential, enhancing its appeal for investors, land bankers, or developers. Its convenient location provides easy access to public transport, Albany Mall, and motorways, while being mere minutes away from the bay's beaches and the best of Browns Bay's amenities.
Embrace the bay's lifestyle with the comfort of city living in this prime location, perfect for those seeking a large land in an exceptional setting.
Updated on August 20, 2024