1/55a Woodlands Crescent, Browns Bay, Auckland - North Shore

Nestled in a serene cul-de-sac, this captivating family residence boasts stunning views of Rangitoto Island and the sea. The spacious 5-bedroom property, built in 1985 with a fibrous cement exterior and tiled roof, is set on a large section of 1384m2. Currently tenanted, it offers a substantial rental income of $1000 per week. The upper level features 3 bedrooms, a lounge, dining area, bathroom, and kitchen, complemented by a massive rumpus room downstairs that leads to a swimming pool and deck. Additionally, there's a self-contained area with 2 bedrooms, kitchen, bathroom, and lounge – ideal for extended family or a teen retreat. This home, with its cross-lease title, provides easy access to Freyburg Park and overlooks the vibrant hub of Browns Bay. The government's capital value has increased from $1,200,000 in 2017 to $1,375,000 as of 2021, showcasing a growth of 14.58%. HouGarden's AVM estimates the property at $1,342,500, while the latest sale was recorded at $1,035,000 in 2024. Within the highly sought-after school zones of Long Bay College, Northcross Intermediate, and Browns Bay School, all decile 10, this home presents a compelling opportunity for families.

With a bit of effort, this fixer-upper has the potential to match the magnificence of its views, offering both a sound investment and a beautiful place to call home.

Updated on August 07, 2024