Nestled in the prestigious Double Grammar Zone of Remuera, Auckland, this freehold property at 34 Ascot Avenue is a charming 5-bedroom villa that has been meticulously renovated to blend classic elegance with modern luxury. Constructed in 1910 with wood walls and an iron roof, both in good condition, the property sits on a levelled 915m2 of land, offering a floor area of 218m2 and a parking space for 2 cars. The capital value has seen a rapid increase of 39.5%, from $2,975,000 in 2017 to $4,150,000 as of June 2021. The HouGarden AVM estimates the property's value at $3,972,500, while the latest sales were recorded at $3,560,000 in 2020 and $2,090,000 in 2019.
With a CV growth rate that speaks volumes about its investment potential, this villa is not just a home but a smart investment. The property's allure is further enhanced by its proximity to high-decile schools such as Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School, all of which are highly rated and within easy reach.
Boasting a stunning marble kitchen, a beautiful bay window in the main living area, and a cozy formal living space with an inbuilt wine cabinet, the residence is perfect for entertaining and family life. The expansive deck overlooks lush lawns, providing a serene outdoor experience. Ideally located for convenience, this villa is a gem in the Double Grammar Zone that offers both tranquility and accessibility.
Updated on April 09, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 2 | 1 | 56m2 | Year 2024 Month 10 Day 24 | $222,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 18 | $1,203,000 | Council approved | |
 | 0.19 km | 4 | 2 | 113m2 | Year 2024 Month 09 Day 03 | $1,592,000 | Council approved | |
 | 0.16 km | 3 | 2 | 172m2 | Year 2024 Month 07 Day 03 | - | Council approved | |
 | 0.28 km | 3 | 102m2 | Year 2024 Month 06 Day 27 | $1,050,000 | Council approved |