408/4 Bute Road, Browns Bay, Auckland - North Shore

Nestled in the heart of Browns Bay, at 408/4 Bute Road, is a contemporary apartment, built in 2021 with a mix of high-quality materials for the walls and an iron roof. This unit title property boasts a level contour and is maintained in good condition both inside and out. It features one bedroom, one bathroom, and a cozy floor area of 43 square meters, perfect for a starter home or investment opportunity.

As per the latest valuation records, the capital value has seen a significant increase from $650,000 in 2017 to $760,000 in 2021, reflecting a growth rate of 16.92%. The HouGarden AVM estimates the property's worth at $730,000, closely in line with the latest sale on September 10, 2024, at $750,000.

For families with school-aged children, this property falls within the highly sought-after school zones of Long Bay College, Northcross Intermediate, and Browns Bay School, all decile 10 institutions, ensuring access to the best education in the area.

Updated on October 16, 2024