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513 Remuera Road, Remuera, Auckland, 7 Bedrooms, 0 Bathrooms, Home & Income

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 01

513 Remuera Road, Remuera, Auckland

7
257m2
651m2

Nestled at 513 Remuera Road, this freehold property is a gem in Auckland's City, boasting a spacious floor area of 257sqm and a vast land area of 651sqm. Constructed in 1953, the residence features 7 bedrooms, 4 carparks, and is adorned with wooden walls and tiled roofing, both in average condition. This iconic corner position in the Terrace Housing Zone, with its level contour, is not only accessible to public services but also presents a potential developer's delight, being the first time on the market since the 1950s.

Boasting a CV of $2,800,000 as of June 2021, the property has seen a remarkable increase of 43.59% from its $1,950,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $2,685,000, while the latest sale record dates back to February 4, 1992, at $305,000.

For families with school-aged children, the property falls within the zones of Epsom Girls' Grammar School (decile 9), Baradene College (decile 9), Remuera Intermediate (decile 8), and the highly-rated Remuera School (decile 10). This combination of prime location, potential for development, and access to top-notch education makes it an attractive opportunity for investors and families alike.

Updated on October 22, 2024

Council Data

Last update : 2024 12 11
Improvement value$325,000Increased by 62% from year 2017
Land value$2,475,000Increased by 41% from year 2017
CV(Year 2021 Month 06)$2,800,000Increased by 43% from year 2017
View typeNo appreciable view
ContourLevel
Land area651m²
Floor area257m²
Decade of construction1953
TitleNA1065/54
Type of titleFreehold
Legal descriptionLOT 5 DP 40199 652M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 5 DEPOSITED PLAN 40199,653m2
Council rates$7,127.37
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Remuera Intermediate
0.93 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Remuera School
1.41 km
Primary
1-6
Government
Co-Educational
EQI: 357
10
Baradene College
2.02 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Epsom Girls Grammar School
2.94 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Selwyn College
3.46 km
Secondary
9-15
Government
Co-Educational
EQI: 420
4

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:651m²
Title:Freehold

Surrounding facilities

Remuera Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2024
$7,651,666
5.4%
7
2023
$7,260,000
83.8%
9
2022
$3,950,000
-21.4%
8
2021
$5,025,000
-8.4%
16
2020
$5,487,500
72.5%
18
2019
$3,181,920
-8.6%
7
2018
$3,480,000
6.6%
17
2017
$3,265,000
-11.8%
16
2016
$3,700,000
12.1%
9
2015
$3,300,000
-12.7%
17
2014
$3,780,000
-
16

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Rotomahana Terrace, Remuera
0.31 km
3
1
162m2
Year 2024 Month 11 Day 01
-
Council approved
22A Ladies Mile, Remuera
0.24 km
5
2
0m2
Year 2024 Month 10 Day 10
-
Council approved
24 Mainston Road, Remuera
0.27 km
3
2
-m2
Year 2024 Month 10 Day 01
-
Council approved
1 Rotomahana Terrace, Remuera
0.25 km
4
2
190m2
Year 2024 Month 08 Day 22
-
Council approved
1b Tahora Avenue, Remuera
0.28 km
4
260m2
Year 2024 Month 08 Day 07
$1,410,000
Council approved

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