2/10a Haast Street, Remuera, Auckland

Nestled in the serene environment of 2/10a Haast Street, Remuera, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1965 with brick walls and tiled roofing, it presents an average condition both inside and out, sitting on a level contour. The property, with a floor area of 71 square meters, is governed by a Cross-Lease title. The highlight of this property is its low-maintenance nature, making it an ideal investment that requires minimal upkeep over time.

As for its financials, the property has seen a significant Capital Value (CV) increase of 21.05%, from $760,000 in July 2017 to $920,000 as of June 2021. HouGarden AVM estimates the property's value at $857,500. With long-term tenants in place until February 2025, this is a secure investment with the potential for equity growth and steady cash flow.

For families, the property falls within the zones of highly regarded schools. Baradene College, a secondary school with a decile rating of 9, Remuera Intermediate at decile 8, Selwyn College at decile 4, and Meadowbank School, a contributing school with a perfect decile rating of 10. This makes the property an attractive option for those considering quality education for their children.

Updated on June 14, 2024