4/647 Remuera Road, Remuera, Auckland

This charming unit at 4/647 Remuera Road, Remuera, Auckland - City, nestled within a prestigious block of brick-and-tile units, boasts 2 bedrooms, a modernised bathroom, and 1 carpark, covering a floor area of 103 square meters. Built in the 1960s, this cross-lease property features average condition walls and roof, with construction materials being brick and tiles respectively. The property is level, enhancing its appeal and accessibility.

From its initial government valuation (CV) of $880,000 in July 2017, the property has seen a significant appreciation, reaching a CV of $1,060,000 by June 2021, marking a 20.45% increase. The HouGarden AVM estimates its value at $1,015,000. The latest sale recorded was on February 12, 2000, for $242,000. This property's capital value growth and its auction at 34 Shortland Street, City on Wednesday 21 February 2024, underscore its desirability and investment potential.

Located in a prime school zone, this property is in proximity to Baradene College (Secondary, decile 9), Remuera Intermediate (Intermediate, decile 8), Selwyn College (Secondary, decile 4), and Meadowbank School (Contributing, decile 10), making it an ideal choice for families prioritizing education. The serene environment, coupled with the convenience of nearby amenities, positions this property as a top contender for discerning homeowners and investors alike.

Updated on April 04, 2024.