Nestled on the prestigious northern slopes of Remuera, this charming 1950s freehold property boasts 5 bedrooms and is set on a generous 634 sqm section. The north-facing weatherboard residence features an updated interior with original native timber floors, complemented by modern amenities such as a designer kitchen with European appliances. The roof, constructed of tiles, and the wooden exterior walls are both in average condition, adding to the home's classic appeal. The property, with a floor area of 337 sqm, includes a double garage and 2 car parks, and is secured with electric gates.
As for the property's financials, the capital value has seen a significant increase from $4,000,000 in July 2017 to $4,850,000 as of June 2021, a growth of 21.25%. The HouGarden AVM estimates the property's value at $4,730,000, while the latest sales were recorded at $4,475,000 in September 2019 and $4,250,000 in November 2016. This prime piece of real estate is not only a sound investment but also a home with great potential.
Educationally, the property falls within the highly sought-after Double Grammar Zone, with Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School all within reach. These schools are rated highly, with deciles ranging from 8 to 10, ensuring the best educational opportunities for the family.
Updated on August 27, 2024