4/48 Gowing Drive, Meadowbank, Auckland

Nestled in the esteemed and desirable suburb, this renovated upstairs unit at 4/48 Gowing Drive, Meadowbank, Auckland, is a gem on an easy/moderate rise contour. Constructed in 1960 with brick walls and tiled roof, this cross-lease property boasts 2 bedrooms, 1 bathroom, a single car park, and a floor area of 56 square meters. The white-themed interior is enhanced by a heat pump and a charming alfresco balcony offering treetop views. The kitchen features a black butler sink, composite stone benchtop, and a white subway tile backsplash. The property has seen a 11.43% increase in Capital Value from $700,000 in 2017 to $780,000 as of June 2021. HouGarden AVM estimates it at $760,000, while the latest sales were at $638,000 in 2020 and $630,000 in 2018.

For families, the property falls within the zones of Baradene College (Decile 9), Selwyn College (Decile 4), and St Thomas School (Auckland) - a Full Primary with a Decile rating of 10. This light-filled unit is perfect for first home buyers, investors, or professionals seeking privacy, and is conveniently located near shopping precincts, public transport, and arterial routes, with easy access to bays and beaches.

With its combination of prime location, capital value growth, and access to top-rated schools, this property offers exceptional value and potential.

Updated on August 20, 2024