Property listing ID: 929832
Looking for a "standard" family home? Keep scrolling. Looking for the biggest equity play in Browns Bay? You’ve found it... 2/43 Arran Road is a tired diamond in the rough, sitting squarely in the Rangitoto College Zone. This isn't a "move-in and relax" situation—it’s a "grab your toolbelt and paint brush and manufacture wealth" opportunity. The layout is there, the 4 bedrooms are there, 2 bathrooms, 2 living areas, and the blue-chip location is permanent. The only thing missing is the renovation that will skyrocket this property's value. The Play: Buy at an entry-level price point in a million-dollar suburb. The Profit: Modernize, refresh, and capitalize on the massive gap between the purchase price and the Rangi-zone ceiling. The Returns: Currently tenanted for $750 per week, instant rental returns with a tenant that wants to stay on The Urgency: Opportunities this "unpolished" in this location are becoming extinct. Why pay for someone else’s renovation when you can do it yourself and keep the profit? This is the lowest-entry ticket into a premium location. Bring your offer today
Listed by Barfoot & Thompson , Bob Voss (Browns Bay) , Becky Zhu (Browns Bay)