D304/176 Broadway, Newmarket, Auckland

Nestled in the vibrant heart of Newmarket, Auckland, this residential apartment at D304/176 Broadway is a Unit Title property that has seen a consistent capital value growth. Constructed in 2003 with a mix of materials for the walls and iron for the roof, this 38sqm apartment boasts 1 bedroom and 1 bathroom. The property presents a good wall and roof condition, and is situated on a level contour. It's a perfect blend of modern living in a prime location.

Since 2017, the capital value has increased from $410,000 to $430,000 as of June 2021, indicating a growth rate of 4.88%. The HouGarden AVM estimates the property's value at $392,500, while the latest sale on October 24, 2024, was at $284,888, creating an interesting investment opportunity in this sought-after area.

For families with school-going children, the property falls within the zones of Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), Auckland Normal Intermediate (Intermediate, Decile 9), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring access to some of the best educational institutions in the city.

Updated on December 04, 2024