50b Koraha Street, Remuera, Auckland

Located at 50b Koraha Street, Remuera, Auckland - City, this executive home with a cavity system is a testament to modern living and design. Boasting 4 bedrooms, a spacious floor area of approximately 230m2, and sitting on a 344m2 freehold land, this property is ideal for families or investors seeking quality and comfort. The house features roughcast walls and tile roofing, both in good condition, reflecting its well-maintained status since its construction in 2005. The property's contour presents an easy/moderate fall, adding to its unique character and appeal.

Since its last sale in 2006 for $740,179, the property has seen a significant increase in its capital value, reaching $2,050,000 by June 2021, marking a 38.98% growth. This increase is a testament to the property's value appreciation over time. The latest sale, recorded on January 23, 2024, was at $1,650,000, slightly below the HouGarden AVM of $1,724,500, indicating a strong market interest. Such figures highlight the property's solid investment potential and its appeal in the current market.

Education is a priority for many families, and this property does not disappoint. It is zoned for Meadowbank School (decile 10), Remuera Intermediate (decile 8), Selwyn College (decile 4), and Baradene College (decile 9), offering a range of high-quality educational options for children of all ages. The proximity to these reputable schools adds to the property's desirability, making it an excellent choice for families.

Updated on April 06, 2024.