Nestled in a serene environment off Upland Road, Remuera, this 1970s terraced home boasts a practical layout and is constructed with durable materials. It's one of just four exclusive units, featuring three bedrooms, two bathrooms, and a generous floor area of 163 square meters. The property enjoys a cross-lease title and has a tile roof with wooden exterior walls in average condition. It includes two carparks and an oversized single garage for ample storage. The capital value has seen a significant increase from $1,160,000 in 2017 to $1,425,000 as of June 2021, reflecting a growth rate of 22.84%. The HouGarden AVM estimates the property's value at $1,327,500, making it an attractive investment.
With a CV increase that outpaces the market, this property also holds a strategic position within a highly sought-after school zone. It's in close proximity to Epsom Girls' Grammar School and Baradene College, both decile 9, as well as Remuera Intermediate, a decile 8 school. Other nearby institutions include Selwyn College and the decile 10 Meadowbank School, ensuring top-notch education for the family.
Enjoying a tranquil setting with views of the basin and the city, this property invites morning walks around Orakei Basin and leisurely strolls to Benson Rd for coffee. Priced to allow for potential improvements, this Remuera lock-up and leave opportunity is not to be missed.
Updated on May 22, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 2 | 348m2 | Year 2024 Month 11 Day 01 | $3,887,000 | Council approved | |
 | 0.24 km | 5 | 420m2 | Year 2024 Month 10 Day 23 | $8,790,000 | Council approved | ||
 | 0.34 km | 3 | 2 | 155m2 | Year 2024 Month 10 Day 23 | $1,688,000 | Council approved | |
 | 0.31 km | 5 | 3 | 0m2 | Year 2024 Month 09 Day 01 | - | Council approved | |
 | 0.40 km | 2 | 2 | -m2 | Year 2024 Month 09 Day 01 | $1,040,000 | Council approved |