16 Richard Farrell Avenue, Remuera, Auckland

Nestled in the prestigious Remuera, this 5-bedroom, 4-carpark property on a 2,530sqm freehold section is a gem not to be missed. Constructed in 1960 with brick walls and tiled roofing, the home boasts an average wall condition and a fair roof, sitting on a land with an easy/moderate rise contour. The capital value has seen a significant increase from $4,150,000 in 2017 to $4,950,000 in 2021, reflecting a growth of 19.28%. The HouGarden AVM estimates the property's worth at $4,905,000. This residence is not just a home but a potential investment opportunity, with accessible underground services and available stormwater and wastewater facilities on-site, inviting development possibilities. It falls within the Mixed Housing Suburban zoning, promising endless potential. Educationally, the property is zoned for top-rated schools, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), Remuera School (Decile 10), and Selwyn College (Decile 4), making it an ideal choice for families.

Updated on November 13, 2024