33a Armadale Road, Remuera, Auckland

Nestled in the prestigious Remuera, this charming 1980s cedar residence boasts 3 bedrooms and is priced significantly below the current Capital Value of $1,725,000. It sits on a cross-lease title with a single carpark, and a floor area of 113 square meters. The Iron roof and wooden exterior walls are both in good condition, complementing the easy-to-moderate fall contour of the property. Notably, the CV has seen a 31% increase since 2017, reflecting a sound investment opportunity. This home is located in a quiet shared driveway, offering privacy and serene westerly views towards Platina Reserve.

With a HouGarden AVM of $1,607,500 and a history of the latest sale at $612,000 in 2006, this property presents an attractive proposition for families and investors alike. The government valuation history and the recent sale prices underscore the consistent capital value growth. The property's location is a significant draw, with easy access to Remuera Village amenities and a highly sought-after school zone, including the double Grammar zone of Auckland Grammar and Epsom Girls' Grammar School, both decile 9.

For families with children, the educational opportunities are second to none. The nearby Remuera Primary is a decile 10 school, while Remuera Intermediate and Baradene College are also within walking distance, ensuring a high-quality education from Year 7 through to Year 15. This north-facing property with its sunny yard is an ideal space for children and pets, providing a perfect setting for summer gatherings. Don't miss this entry-level opportunity in a prime location that's been unavailable for 21 years.

Updated on May 22, 2024