2/38 Richard Farrell Avenue, Remuera, Auckland

Nestled in the prestigious suburb of Remuera, Auckland, this charming unit at 2/38 Richard Farrell Avenue boasts a thoughtful layout with 1 bedroom, 1 bathroom, and a single carpark. Constructed in 1960 with brick walls and tiled roofing, it presents an average condition both inside and out, sitting on a level contour. The property is under Unit Title, offering a floor area of 60 square meters. The government’s capital value has seen a significant increase from $580,000 in 2017 to $710,000 as of June 2021, marking a growth of 22.41%. HouGarden AVM estimates the property at $715,000, while the latest sales history shows fluctuations between $353,000 and $455,000. This home is within the catchment of highly regarded schools, including Remuera School (decile 10), Remuera Intermediate (decile 8), and Baradene College (decile 9), making it an ideal choice for families.

With a spacious double bedroom and a flexible spare room, the unit features polished native timber flooring and high ceilings in the living/dining area, creating a warm ambiance. The kitchen holds potential for renovation, and the separate laundry leads to a private garden, perfect for relaxation or social gatherings. Its location provides easy access to Upland Road amenities and is within walking distance to Remuera Village. For commuters, the property is close to bus routes and motorway access, offering convenience and connectivity.

Whether you seek a first home or a starter investment, this property presents a golden opportunity to transition from paying rent to reaping the benefits of ownership or investment. It's a chance not to be missed in the sought-after Remuera neighborhood.

Updated on September 27, 2024