1/12 Hollyhock Place, Browns Bay, Auckland - North Shore

Nestled in the serene Hollyhock Place, a quiet cul-de-sac in Browns Bay, Auckland, this 1970-built residential gem with a cross-lease title presents an opportunity like no other. The property boasts 4 bedrooms, a single carpark, and a floor area of 114 square meters, all sheltered under a tiled roof and embraced by average-condition brick walls. The capital value has seen a 10% increase from $900,000 in 2017 to $990,000 as of June 2021, with the HouGarden AVM estimating an even higher value of $995,000. The latest sale history is impressive, with a transaction of $1,040,000 in April 2021, following a previous sale of $820,000 in July 2018.

With a CV growth that speaks volumes about its investment potential, this property is not just a home but a smart investment in the highly sought-after Rangitoto zone. It's zoned for top-rated schools such as Sherwood Primary, Northcross Intermediate, Murrays Bay Intermediate, Rangitoto College, and Long Bay College, all decile 10 institutions, making it an ideal choice for families with educational priorities.

Whether you're looking to enjoy the large garden perfect for kids and pets, entertain in the ample outdoor living space, or take advantage of the proximity to Sherwood Reserve, Browns Bay beach, and the vibrant local shopping and dining scene, this property has it all. It's a package of convenience, quality education, and potential returns that's hard to beat.

Updated on September 19, 2024