20/3 The Avenue, Albany, Auckland - North Shore

Nestled in the heart of Albany, Auckland, at 20/3 The Avenue, this residential unit title property boasts 2 bedrooms, 1 bathroom, and 2 carparks. Constructed in 1997 with wood walls and an iron roof, both in good condition, the property sits on a level contour and offers a comfortable floor area of 53 square meters. The property's capital value has seen a rapid increase from $390,000 in July 2017 to $520,000 as of June 2021, reflecting a growth rate of 33.33%. This is a property that's hard to find, with restaurants, bars, cafes, and shopping at your doorstep, and the beautiful Browns Bay Beach just a few minutes away by car.

With a HouGarden AVM of $500,000 and a latest sale history of $450,000 in January 2019, this unit presents a great investment opportunity. The property's government valuation history and the potential for further capital value growth make it an attractive prospect for both first-home buyers and investors. The location is further enhanced by its proximity to highly-rated schools, including Albany Senior High School (Decile 10), Albany School (Decile 9), and Albany Junior High School (Decile 10).

Don't miss the chance to secure this property in a sought-after school zone, where the combination of quality education and a thriving local community make it an ideal place to call home. This is Albany's best buy at just $549,000!

Updated on April 26, 2024