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2/14 Abbotts Way, Remuera, Auckland, 4 Bedrooms, 0 Bathrooms, House

Sold: $1,040,000

Sold on 2024 Year 2024 Month 07 Day 01

2/14 Abbotts Way, Remuera, Auckland

4
132m2

Nestled in a serene cul-de-sac of Abbotts Way, Remuera, this 1980s built, Dempsey Morton townhouse boasts 4 bedrooms and a single carpark. Constructed with durable fibrous cement walls and iron roofing, the property stands on a level contour with well-maintained walls and roof. It is registered under a Cross-Lease title, offering an expansive open plan living/kitchen area that seamlessly transitions to a large west-facing deck. The property has seen a significant Capital Value (CV) increase from $940,000 in 2017 to $1,300,000 as of June 2021, marking a growth of 38.3%. The latest sale history includes transactions in 2007 and 2004, with respective prices of $510,000 and $395,000. HouGarden AVM estimates the property's value at $1,265,000.

With a CV on the rise and a prime location, this residence is within the catchment area of esteemed schools such as Baradene College (Decile 9), Remuera Intermediate (Decile 8), and Ellerslie School (Decile 9). The property is perfect for families seeking quality education and convenient living, being in close proximity to local amenities, reserves, and the Remuera Golf Course. Easy access to motorways and the Ellerslie train station further enhances its appeal for commuters.

Whether you're a first home buyer, investor, or in search of an easy-care lifestyle, this property presents an affordable opportunity in a centrally located Eastern suburb, with potential for added value. It's a must-see for those looking to capitalize on the buyer's market and secure a slice of Remuera's desirable lifestyle.

Updated on July 26, 2024

Council Data

Last update : 2025 02 26
Improvement value$120,000Reduced by -14% from year 2017
Land value$1,180,000Increased by 47% from year 2017
CV(Year 2021 Month 06)$1,300,000Increased by 38% from year 2017
DeckYes
View typeNo appreciable view
ContourLevel
Floor area132m²
Decade of construction1980
TitleNA118B/709
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 119480, LOT 1 DP 116861 1405M2
CouncilAuckland - City
Estate descriptionFSIM,1/4,LOT 1 DEPOSITED PLAN 116861,1405m2
Council rates$3,375.44
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remuera Intermediate
1.16 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Ellerslie School
1.31 km
Primary
1-8
Government
Co-Educational
EQI: 377
9
One Tree Hill College
1.70 km
Secondary
9-15
Government
Co-Educational
EQI: 474
3
Baradene College
2.72 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Selwyn College
3.69 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:-
Title:Cross-Lease

Surrounding facilities

Abbotts Way Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$1,905,500
7.1%
27
2023
$1,780,000
-0.4%
28
2022
$1,786,500
-0.2%
26
2021
$1,790,000
7.8%
43
2020
$1,660,000
7.8%
39
2019
$1,540,000
-6.9%
32
2018
$1,655,000
-1.9%
36
2017
$1,687,500
13%
34
2016
$1,493,500
11.8%
34
2015
$1,335,500
21.4%
28
2014
$1,100,000
-
45

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
20 Richard Farrell Avenue, Remuera
0.32 km
4
2
0m2
Year 2025 Month 02 Day 05
-
Council approved
2/6 Marua Road, Ellerslie
0.17 km
3
2
148m2
Year 2024 Month 10 Day 23
-
Council approved
15B Abbotts Way, Remuera
0.14 km
3
2
129m2
Year 2024 Month 10 Day 17
-
Council approved
33B Richard Farrell Avenue, Remuera
0.17 km
3
2
145m2
Year 2024 Month 10 Day 08
-
Council approved
19 Richard Farrell Avenue, Remuera
0.27 km
4
1
-m2
Year 2024 Month 10 Day 01
$1,825,000
Council approved

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