23 Market Road, Remuera, Auckland

This classic villa at 23 Market Road, Remuera, Auckland - City, stands as a testament to timeless elegance and potential. Built in the 1900s, this residence boasts a wooden exterior, iron roof, and is in good condition, reflecting its heritage charm. The property spans 966m2 with an easy/moderate rise contour, featuring a floor area of 180m2. It includes four bedrooms, a formal and casual living area, and a unique street front garage with a loft for additional storage. The freehold property is perfectly positioned at the foothill of Mt Hobson, offering a blend of indoor and private alfresco spaces.

From a financial perspective, the capital value has seen a significant increase from $3,125,000 in 2017 to $3,700,000 in 2021, marking an 18.4% growth. The HouGarden AVM estimates its value at $3,004,500, while the latest sale in January 2024 fetched $2,940,000, up from $588,000 in 2008. This growth trajectory underscores the property's high-value potential and the lucrative opportunity it presents.

Education is a cornerstone of this property's appeal, with access to top schools such as Auckland Grammar, Epsom Girls' Grammar, Baradene College, Remuera Intermediate, and Remuera School, all boasting high decile ratings. This prestigious location offers unparalleled lifestyle and educational opportunities, making it a coveted address for families.

Updated on April 06, 2024.