Nestled in the prestigious Remuera district of Auckland, this 3-bedroom, 2-bathroom residence with 2 car parks is a gem on a 1201m2 freehold section. Constructed in 1940 with wood walls and tiled roof, both in average condition, this property boasts a floor area of 226m2 and sits on a steep fall contour. The capital value has seen a slight dip from $3,100,000 in 2017 to $3,050,000 as of June 2021, indicating a -0.016% decrease. However, the HouGarden AVM estimates it at $2,887,500, and the latest sale in 2015 was for $2,289,000, hinting at potential growth.
With a CV not reflecting the newly built residence, this property offers more than just a home. It's within the highly sought-after school zones of Auckland Grammar, Epsom Girls' Grammar, and Victoria Avenue School, known for their secondary and contributing education, respectively, and high decile ratings. The location provides a perfect blend of convenience, investment potential, and educational excellence.
Whether you're looking for a dream home, investment, or development opportunity, this property, with its modern steel structure and concrete flooring, along with a rooftop terrace and a heated pool, is a rare find. The additional 1023m2 of land behind the residence, with a pending resource consent application for subdivision, adds to its allure. Don't miss your chance to own a piece of Remuera's finest.
Updated on May 13, 2024