53 Ascot Avenue, Remuera, Auckland

Nestled in the prestigious central location of 53 Ascot Avenue, Remuera, Auckland, this charming 4-bedroom bungalow on a freehold title is a rare find. Constructed in 1920 with wood walls and an iron roof, the property boasts an average condition with a floor area of 113 square meters and a land area of 400 square meters. The home is equipped with 2 car parks and features a modernized, fully insulated interior that preserves the allure of a bygone era, complemented by an open plan living space that optimizes functionality. The property's capital value has seen a significant increase, rising from $1,600,000 in July 2017 to $1,925,000 as of June 2021, marking a growth of 20.31%. The HouGarden AVM estimates the property's value at $1,935,000, while the latest sale records from 2010 and 1994 indicate a progression in value that highlights the investment potential.

With a CV increase that outpaces the market average, this residence is not just a home but a sound investment. The property's value has appreciated by 20.31% over four years, a testament to its appeal and the desirability of the location. The recent sale history further underscores the consistent growth in the area's property values.

Educationally, the property falls within the highly sought-after Double Grammar Zone, with Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Remuera School all within reach. These institutions are recognized for their high decile ratings, offering an unparalleled educational opportunity for families. Located in a quiet cul-de-sac, this property provides a serene oasis while being mere steps away from the vibrant Remuera Village, with its array of cafes, bars, restaurants, and boutique shops.

Updated on September 05, 2024