Located at 67 John Downs Drive, Browns Bay, Auckland - North Shore, this residential dwelling boasts a freehold ownership type with a land area of 675m2 and a floor area of 126m2. Constructed in 1975, the property features 4 bedrooms, 1 bathroom, and 2 carparks. The building, made of mixed materials for the walls and tiles for the roof, is in good condition. The property is level, offering a solid foundation for any potential renovations or developments.
The property has seen a significant increase in capital value, from $1,120,000 in July 2017 to $1,375,000 in June 2021, marking a 22.77% growth. The latest sale was recorded on February 29, 2016, for $980,000. The HouGarden AVM estimates the property's value at $1,352,500. This presents a superb opportunity for investment, whether through renovation of the existing structure or development, thanks to its Residential Mixed Housing Suburban zoning.
Strategically located within walking distance to top-rated schools such as Long Bay College, Sherwood School (Auckland), and Northcross Intermediate, all boasting a decile rating of 10, this property is perfectly positioned for families. The area offers convenience with nearby shops, parks, beaches, playgrounds, and public transport, as well as sports clubs, making it an ideal setting for a family home.