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16 Richard Farrell Avenue, Remuera, Auckland, 5 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 11 Day 13

16 Richard Farrell Avenue, Remuera, Auckland

5
264m2
2530m2

Nestled in the prestigious Remuera, this 5-bedroom, 4-carpark property on a 2,530sqm freehold section is a gem not to be missed. Constructed in 1960 with brick walls and tiled roofing, the home boasts an average wall condition and a fair roof, sitting on a land with an easy/moderate rise contour. The capital value has seen a significant increase from $4,150,000 in 2017 to $4,950,000 in 2021, reflecting a growth of 19.28%. The HouGarden AVM estimates the property's worth at $4,905,000. This residence is not just a home but a potential investment opportunity, with accessible underground services and available stormwater and wastewater facilities on-site, inviting development possibilities. It falls within the Mixed Housing Suburban zoning, promising endless potential. Educationally, the property is zoned for top-rated schools, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), Remuera School (Decile 10), and Selwyn College (Decile 4), making it an ideal choice for families.

Updated on November 13, 2024

Council Data

Last update : 2025 02 19
Improvement value$100,000Reduced by -66% from year 2017
Land value$4,850,000Increased by 25% from year 2017
CV(Year 2021 Month 06)$4,950,000Increased by 19% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate rise
Land area2530m²
Floor area264m²
Decade of construction1960
TitleNA97B/100
Type of titleFreehold
Legal descriptionLOT 1 DP 126075 2530M2, LOT 1 DP 68416, LOT 7 DP 49224
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 126075, LOT 1 DEPOSITED PLAN 68416 AND LOT 7 DEPOSITED PLAN 49224,2530m2
Council rates$11,237.97
2023/2024
ConditionExternal Walls: Average
Roof: Fair
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remuera Intermediate
1.07 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Remuera School
1.67 km
Primary
1-6
Government
Co-Educational
EQI: 357
10
Baradene College
2.36 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Selwyn College
3.49 km
Secondary
9-15
Government
Co-Educational
EQI: 420
4

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:2530m²
Title:Freehold

Surrounding facilities

Richard Farrell Avenue Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$3,412,850
-4.9%
46
2023
$3,587,500
-26.8%
52
2022
$4,900,000
22.5%
53
2021
$4,001,500
19.2%
87
2020
$3,357,500
14.3%
68
2019
$2,938,000
-5.2%
58
2018
$3,100,000
-1.7%
65
2017
$3,154,000
3.8%
48
2016
$3,040,000
-1.9%
56
2015
$3,100,000
31.8%
59
2014
$2,352,500
-
48

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
16B Hubert Henderson Place, Remuera
0.06 km
3
2
-m2
Year 2025 Month 01 Day 15
-
Council approved
6/35 Mainston Road, Remuera
0.14 km
3
2
156m2
Year 2024 Month 10 Day 16
-
Council approved
22A Ladies Mile, Remuera
0.15 km
5
2
0m2
Year 2024 Month 10 Day 10
-
Council approved
19 Richard Farrell Avenue, Remuera
0.10 km
4
1
-m2
Year 2024 Month 10 Day 01
$1,825,000
Council approved
24 Mainston Road, Remuera
0.15 km
3
2
-m2
Year 2024 Month 10 Day 01
$2,950,000
Council approved

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