Nestled in a serene cul-de-sac of Abbotts Way, Remuera, this 1980s built, Dempsey Morton townhouse boasts 4 bedrooms and a single carpark. Constructed with durable fibrous cement walls and iron roofing, the property stands on a level contour with well-maintained walls and roof. It is registered under a Cross-Lease title, offering an expansive open plan living/kitchen area that seamlessly transitions to a large west-facing deck. The property has seen a significant Capital Value (CV) increase from $940,000 in 2017 to $1,300,000 as of June 2021, marking a growth of 38.3%. The latest sale history includes transactions in 2007 and 2004, with respective prices of $510,000 and $395,000. HouGarden AVM estimates the property's value at $1,265,000.
With a CV on the rise and a prime location, this residence is within the catchment area of esteemed schools such as Baradene College (Decile 9), Remuera Intermediate (Decile 8), and Ellerslie School (Decile 9). The property is perfect for families seeking quality education and convenient living, being in close proximity to local amenities, reserves, and the Remuera Golf Course. Easy access to motorways and the Ellerslie train station further enhances its appeal for commuters.
Whether you're a first home buyer, investor, or in search of an easy-care lifestyle, this property presents an affordable opportunity in a centrally located Eastern suburb, with potential for added value. It's a must-see for those looking to capitalize on the buyer's market and secure a slice of Remuera's desirable lifestyle.
Updated on July 26, 2024