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736 Remuera Road, Remuera, Auckland, 4 Bedrooms, 2 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 29

736 Remuera Road, Remuera, Auckland

4
2
307m2
1328m2

Nestled in a serene cul-de-sac on the prestigious northern slopes of Remuera, this charming 1940s brick and tile family home offers a lifestyle of convenience and potential. With 4 bedrooms, 2 bathrooms, and 3 car parks, the property sits on a generous 307sqm floor area within a sprawling 1328sqm freehold section. The roof and walls are in good condition, constructed with tiles and brick respectively. Notably, the capital value has seen a 5.68% decrease from $4,400,000 in 2017 to $4,150,000 as of 2021, yet the HouGarden AVM estimates it at $3,324,500. The latest sale in 2016 was for $2,975,000, indicating a significant gap between the market and CV valuations.

Despite the CV decline, the property's value is enhanced by its location within the catchment area of top-rated schools. Baradene College, a secondary school with a decile rating of 9, and Remuera Intermediate with a decile 8 rating, are among the esteemed institutions in the zone. Additionally, Meadowbank School, a contributing school with a perfect decile 10 rating, is just a stone's throw away. This educational advantage adds long-term value to the property.

With its tranquil environment, expansive living areas, and northerly views towards Rangitoto Island and the iconic Sky Tower, the residence is perfect for a family seeking comfort and growth. Investors and developers will also see the potential in the land, with the current zoning allowing for subdivision with council consent. This property presents a rare opportunity to secure a piece of Remuera's golden real estate at a price well below its CV.

Updated on May 30, 2024

Council Data

Last update : 2024 06 12
Improvement value$875,000Reduced by -16% from year 2017
Land value$3,275,000Reduced by -2% from year 2017
CV(Year 2021 Month 06)$4,150,000Reduced by -5% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourEasy/Moderate Fall
Land area1328m²
Floor area307m²
Decade of construction1940
Title739387
Type of titleFreehold
Legal descriptionLOT 1 DP 498781
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 498781,1328m2
Council rates$8,740.42 2023/2024
ConditionExternal Walls: Good Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Meadowbank School
0.46 km
Primary
1-6
Government
Co-Educational
EQI: 351
10
Remuera Intermediate
2.12 km
Secondary
7-8
Government
Co-Educational
EQI: 386
8
Baradene College
2.38 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9
Selwyn College
2.38 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:1328m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Remuera properties data
Remuera property trend
Year
Median price
Growth
Sales count
2023
$3,120,888
-14.1%
77
2022
$3,635,000
13.6%
83
2021
$3,200,000
10.3%
121
2020
$2,900,000
9.8%
115
2019
$2,641,000
1.5%
100
2018
$2,601,000
-8.1%
119
2017
$2,831,000
14.2%
109
2016
$2,480,000
5.3%
112
2015
$2,355,500
17.8%
168
2014
$2,000,000
-
147

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4A Waiatarua Road
0.26 km
5
3
296m2
Year 2024 Month 05 Day 23
$2,400,000
Council approved
2/723 Remuera Road
0.19 km
2
1
98m2
Year 2024 Month 05 Day 17
$805,000
Council approved
726A Remuera Road
0.20 km
4
2
285m2
Year 2024 Month 04 Day 11
$3,100,000
Council approved
0.24 km
164m2
Year 2024 Month 02 Day 21
$1,800,000
Council approved
711K Remuera Road
0.27 km
4
2
-m2
Year 2024 Month 02 Day 01
$1,400,000
Council approved

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