1/18 Armadale Road, Remuera, Auckland

Nestled in the prestigious Remuera, this 2-bedroom unit at 1/18 Armadale Road offers a serene lifestyle within a cross-lease property. Constructed in 1970 with concrete walls and tiled roofing, both in good condition, this residence boasts a floor area of 113sqm and a single carpark. The property, valued at $1,220,000 as per the latest CV, has seen a 22% increase since 2017. Currently listed well below the CV at $1,050,000, it presents a golden opportunity for investors or families looking to settle in the double Grammar Zone. The unit features generous living spaces, ample storage, and a lock-up garage, with potential for modernization. It opens to a sun-kissed established garden. The investment potential is further highlighted by its history of being tenanted by great long-term tenants. In terms of schooling, the Auckland Grammar, Epsom Girls' Grammar, Baradene College, Remuera Intermediate, and Remuera School are all within the vicinity, offering a decile rating of 8 to 10.

With a HouGarden AVM of $1,079,500 and a sale history of $241,250 in 1999, this property is not just a home but a wise investment in a sought-after location, close to Remuera Shops, train station, and buses.

Education takes center stage here, with the property being in the Auckland Grammar and Epsom Girls' Grammar School zones, both highly-rated secondary schools. Baradene College and Remuera Intermediate are also top choices, while Remuera School provides an exceptional primary education. This is a chance to secure a slice of Auckland's premium educational resources.

Updated on July 30, 2024