Nestled in the esteemed Remuera neighbourhood, this 2-bedroom, 1-bathroom住宅unit, built in 1974, is set on a cross-lease title. The property boasts concrete walls in good condition and an iron roof, also well-maintained. With a floor area of 56 square meters, it is part of a complex of fourteen apartments, sitting on a land area of 1967 square meters. The capital value has seen a significant increase from $580,000 in 2017 to $700,000 as of June 2021, reflecting a growth rate of 20.69%. This quiet haven is located in a cul-de-sac, minutes away from motorway access, trains, and buses, and is within walking distance to the vibrant Remuera Village.
As for the property's valuation, the HouGarden AVM estimates it at $670,000. The recent sale history and rapid CV appreciation indicate a promising investment opportunity. This home is ideal for investors or couples looking for a do-up project in a prime location.
Educationally, the property falls within the highly sought-after Grammar Zone. It is in close proximity to Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School, all of which are decile 9 or 10 institutions. This is a once-in-a-lifetime chance to secure a property in a zone with such exceptional educational facilities.
Updated on October 24, 2024