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4/25 Martin Avenue, Remuera, Auckland, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 17

4/25 Martin Avenue, Remuera, Auckland

2
1
73m2

Nestled in the prestigious Remuera neighbourhood, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for investors, downsizers, and first-time buyers. Constructed in 1960 with mixed materials for the walls and iron for the roof, this unit on 4/25 Martin Avenue boasts an average condition and is set on a contour with an easy to moderate fall. The property, with a floor area of 73 square meters and a Unit Title ownership, is move-in ready with low-maintenance appeal and a modernised study. The capital value has shown a 22% increase from $1,000,000 in June 2017 to $1,220,000 as of June 2021. HouGarden AVM estimates the property at $1,135,000, while the latest sales were recorded at $945,000 in August 2020 and $832,000 in December 2019.

With a decile rating of 9, Baradene College is in the secondary school zone, while Remuera Intermediate holds an 8 decile rating. Selwyn College and Meadowbank School, with deciles of 4 and 10 respectively, are also in the area. The property enjoys a prime location, centrally positioned with easy access to public transport, motorways, and the retail and entertainment hub of Newmarket. The living areas are bathed in natural light, framed by large windows, and the kitchen is stylishly appointed. The unit also features a balcony with a stunning view of the Sky Tower.

From the well-appointed bedrooms to the spotless bathroom and convenient parking, this unit has it all. It's a homely haven that checks all the right boxes, making it an attractive prospect for any discerning buyer.

Updated on May 17, 2024

Council Data

Last update : 2024 06 12
Improvement value$340,000Increased by 17% from year 2017
Land value$880,000Increased by 23% from year 2017
CV(Year 2021 Month 06)$1,220,000Increased by 22% from year 2017
View typeNo appreciable view
ContourEasy/Moderate Fall
Floor area73m²
Decade of construction1960
TitleNA52C/1378
Type of titleUnit Title
Legal descriptionUNIT D UP 96987
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT D AND ACCESSORY UNIT 4 DEPOSITED PLAN 96987
Council rates$3,224.84 2023/2024
ConditionExternal Walls: Average Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Meadowbank School
0.64 km
Primary
1-6
Government
Co-Educational
EQI: 351
10
Baradene College
1.41 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Remuera Intermediate
1.89 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Selwyn College
2.57 km
Secondary
9-15
Government
Co-Educational
EQI: 420
4

Property history

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Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Unit Title
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2023
$1,120,000
-17.6%
17
2022
$1,360,000
-1.5%
11
2021
$1,381,000
24.7%
18
2020
$1,107,500
-6.1%
22
2019
$1,180,000
15.4%
40
2018
$1,022,500
-1.2%
36
2017
$1,035,000
-1.4%
18
2016
$1,050,000
13.2%
21
2015
$927,500
24.7%
30
2014
$743,750
-
16

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1/2 Kenny Road
0.23 km
4
3
0m2
Year 2024 Month 06 Day 07
$1,400,000
Council approved
23 Kenny Road
0.18 km
4
2
247m2
Year 2024 Month 05 Day 30
$3,610,000
Council approved
8 Kenny Road
0.27 km
5
3
295m2
Year 2024 Month 05 Day 15
-
Council approved
138 Upland Road
0.32 km
5
3
0m2
Year 2024 Month 04 Day 24
$4,200,000
Council approved
0.07 km
2
1
81m2
Year 2024 Month 02 Day 16
$1,450,000
Council approved

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