34 Rangitoto Avenue, Remuera, Auckland

Nestled in the heart of Remuera, Auckland - City, the property at 34 Rangitoto Avenue boasts a rich history and a wealth of potential. This residential dwelling, constructed in 1930, features 3 bedrooms, a spacious floor area of 151m2, and sits on a generous land area of 771m2. The freehold property, with its wooden walls and tiled roof, both in average condition, presents an exciting opportunity for renovation or redevelopment. The steep rise contour of the property adds to its unique character, while the double garage offers ample parking space.

Over the years, the capital value of this property has seen a notable increase, from $2,700,000 in July 2017 to $2,975,000 in June 2021, marking a 10.19% growth. The HouGarden AVM estimates its value at $2,852,500. The property's last sale in August 2010 was at $1,000,000, highlighting its significant appreciation over time. This growth underscores the property's potential as a lucrative investment, especially considering its prime location and the possibility for further development.

Located in a family-friendly cul-de-sac, the property falls within the zones of several prestigious schools, including Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School, all boasting high decile ratings. This makes it an ideal choice for families looking to provide their children with top-tier education opportunities. The proximity to Little Rangitoto Reserve and Benson Road shops further enhances its appeal, offering convenience and lifestyle benefits.

Updated on April 05, 2024.