Located at 46 Ladies Mile, Remuera, Auckland - City, this freehold property presents a unique opportunity for those seeking a mid-century family home with a twist. The residence, constructed with brick walls and an iron roof, spans a floor area of 216 square meters on a 455 square meter land parcel. Built in 1940, the property maintains an average condition in both its wall and roof structures. It features four bedrooms, a bathroom, and a single carpark, catering to both family living and potential income generation. The property's contour is described as easy/moderate fall, fitting for the Residential - Dwelling category it falls under.
From a financial perspective, the property has seen a significant increase in capital value, from $1,475,000 in July 2017 to $1,950,000 in June 2021, marking a 32.20% growth. The HouGarden AVM estimates its value at $1,915,000. Historical sales data reveals a purchase for $1,600,000 in April 2017 and $640,000 in April 2010, highlighting its appreciating value over time. The property is priced below its current CV at $1,780,000, offering an attractive entry point into the Remuera market.
Education is a priority for many families, and this property does not disappoint. It is zoned for several high-decile schools, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), Remuera School (Decile 10), and Selwyn College (Decile 4), catering to a range of educational needs from contributing through to secondary levels.
Updated on March 21, 2024.