32 Portland Road, Remuera, Auckland

Nestled at 32 Portland Road, Remuera, Auckland, this exquisite freehold property boasts 5 bedrooms and 2 car parks, set on a generous 1189 sqm of land with a floor area of 356 sqm. Constructed in 1923 with wood walls and tiled roof, both in good condition, this residence exudes a mix of classic charm and modern convenience. The property, with its easy/moderate fall contour, commands breathtaking views of the harbor and the city's western horizon, offering a serene escape in a prime location.

As for its financials, the capital value has seen a 33.33% increase from $5.1 million in 2017 to $6.8 million as of June 2021. The HouGarden AVM estimates the property's worth at $6,209,500, while the latest sales history shows a significant appreciation from $1.1 million in 1995 to $1.75 million in 2001. This is a secure investment with a promising growth trajectory.

For families with educational considerations, this property is within the zones of Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School, all highly rated with deciles ranging from 8 to 10. It's an ideal choice for those planning for the long term, with easy access to Kings Prep School and the top secondary schools, making it a prime piece of real estate for the discerning buyer.

Updated on August 16, 2024