6/12 Fraser Road, Narrow Neck, North Shore City

Nestled in the tranquil Narrow Neck suburb of Auckland's North Shore, 6/12 Fraser Road presents a rare opportunity to own a modern, freehold townhouse. This 2-bedroom, 1-bathroom residence boasts a floor area of 74 square meters and is set on a manageable land plot of 73 square meters. Constructed with a robust iron roof and wooden exterior walls in good condition, the property is part of a brand-new complex, completed in 2024. Enjoying an easy/moderate rise contour, it's perfect for those seeking a low-maintenance, lock-up-and-leave lifestyle.

With a current Capital Value (CV) of $840,000, the property has shown a promising growth trend. The HouGarden AVM estimates the value at $835,000, while the latest sale in the complex, on October 27, 2024, fetched $845,000. This indicates a significant increase in capital value, making it an attractive investment for potential buyers.

For families with children, the property falls within the highly sought-after school zones of Belmont School, Belmont Intermediate, Vauxhall School, and Takapuna Grammar. These institutions are known for their high decile ratings and quality education, ensuring a sound investment in your child's future.

Updated on November 27, 2024