Nestled in the esteemed Remuera, this 2-bedroom, 1-bathroom unit with a single carpark presents an attractive opportunity. Constructed in 1966 with brick walls and tiled roofing, it sits on a cross-lease title. The property boasts a floor area of 99 square meters and is situated in a quiet cul-de-sac at 5/66 Waiatarua Road. The government's capital value (CV) has seen a steady increase from $740,000 in 2017 to $810,000 as of June 2021, indicating a growth rate of 9.46%. The HouGarden AVM estimates the property's value at $790,000, while the latest sales were recorded at $365,000 in 2007 and $242,000 in 2002.
With a CV on the rise and a prime location, this property is a solid investment. It's a perfect blend of potential and comfort, with brand new flooring and carpeting, a sun-filled living area, and versatile spaces that could serve as a study or work-from-home setup. The large single garage and adjacent flexible room provide additional utility. Storage and workshop spaces further enhance the property's appeal. The address is within walking distance to top-rated schools such as Baradene College (decile 9) and Meadowbank School (decile 10), making it an ideal choice for families.
Set in a family-friendly street with easy access to amenities, parks, and transport, this property is not just a home but a 'must secure' opportunity in a supreme postcode.
Updated on August 29, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 4 | 3 | 237m2 | 2024 11 29 | - | Council approved | |
 | 0.06 km | 4 | 2 | -m2 | 2024 09 13 | - | Council approved | |
 | 0.18 km | 3 | 2 | 184m2 | 2024 08 21 | - | Council approved | |
0.07 km | 2 | 106m2 | 2024 08 19 | $1,125,000 | Council approved | |||
 | 0.20 km | 3 | 2 | 120m2 | 2024 06 26 | - | Council approved |