5 Abbotts Way, Remuera, Auckland

Located at 5 Abbotts Way, Remuera, Auckland - City, this residential dwelling boasts 3 bedrooms, a floor area of 134m², and 2 carparks, making it an ideal family home. The property, constructed in 1920 with wood walls and an iron roof, is on a cross-lease title. Despite its age, the property has maintained a fair wall condition and an average roof condition, sitting on an easy/moderate fall contour.

From its initial capital value of $1,160,000 in July 2017, the property has seen a significant increase to $1,650,000 by June 2021, marking a 42.24% growth. The HouGarden AVM estimates its value at $1,620,000. Historical sales data reveals transactions at $615,000 in December 2011 and $580,000 in November 2006, indicating a steady appreciation over time.

The property is zoned for several high-decile schools, including Baradene College (Decile 9), Remuera Intermediate (Decile 8), Ellerslie School (Decile 9), with Selwyn College and One Tree Hill College at lower deciles of 4 and 3, respectively. This diverse range of educational institutions underscores the property's appeal to families prioritizing quality education.

Updated on March 21, 2024.