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1b/2 Bassett Road, Remuera, Auckland, 3 Bedrooms, 0 Bathrooms

Sold: $2,300,000

Sold on 2024 Year 2024 Month 10 Day 15

1b/2 Bassett Road, Remuera, Auckland

3
183m2

Nestled in the prestigious Remuera suburb of Auckland, this 3-bedroom unit at 1b/2 Bassett Road is a prime example of modern apartment living. Constructed in 2006 with concrete walls and a mixed-material roof, this Unit Title property boasts a floor area of 183 square meters and comes with 2 car parks. The property is in a level contour, with both the walls and roof in good condition, making it an attractive investment with a capital value that has seen a growth of 3.3% from $2,275,000 in 2017 to $2,350,000 as of June 2021. The HouGarden AVM estimates the property's value at $2,327,500, while the latest sale was recorded at $2,300,000 in October 2024, a significant increase from the initial sale price of $1,650,000 in 2006.

For families with school-aged children, the property falls within the zones of some of Auckland's top schools. Auckland Grammar, Epsom Girls' Grammar School, and Baradene College, all decile 9, offer secondary education, while Remuera School and Newmarket School, with deciles of 10 and 7 respectively, provide primary education. Remuera Intermediate, a decile 8 school, caters to the intermediate level.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11
Improvement value$1,310,000Reduced by -9% from year 2017
Land value$1,040,000Increased by 26% from year 2017
CV(Year 2021 Month 06)$2,350,000Increased by 3% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area183m²
Decade of construction2006
Title277743
Type of titleUnit Title
Legal descriptionAU 24 UP 366364, AU 25 UP 366364, UNIT 5 UP 366364
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 5 AND ACCESSORY UNIT 24-25 DEPOSITED PLAN 366364
Council rates$5,352.01
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Epsom Girls Grammar School
0.77 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Newmarket School
1.04 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Remuera School
1.08 km
Primary
1-6
Government
Co-Educational
EQI: 357
10
Auckland Grammar School
1.53 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Baradene College
1.71 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Remuera Intermediate
1.85 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:-
Title:Unit Title

Surrounding facilities

Bassett Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$1,980,000
-9.4%
17
2023
$2,185,000
-2.6%
24
2022
$2,243,000
-2.6%
32
2021
$2,302,000
28.6%
49
2020
$1,790,000
3.5%
28
2019
$1,730,000
-17%
31
2018
$2,085,000
14.1%
39
2017
$1,827,500
20.8%
30
2016
$1,512,500
4.9%
32
2015
$1,442,000
25.4%
35
2014
$1,150,000
-
33

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
9/117 Remuera Road, Remuera
0.15 km
2
1
73m2
Year 2024 Month 11 Day 06
-
Council approved
9/9 MacMurray Road, Remuera
0.24 km
2
1
87m2
Year 2024 Month 10 Day 31
-
Council approved
26 Crocus Place, Remuera
0.23 km
5
2
-m2
Year 2024 Month 10 Day 17
-
Council approved
1/29 Mauranui Avenue, Epsom
0.45 km
2
2
-m2
Year 2024 Month 09 Day 01
$855,000
Council approved
0.24 km
3
172m2
Year 2024 Month 08 Day 01
$1,751,000
Council approved

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