4/13 Armadale Road, Remuera, Auckland

Nestled in the vibrant heart of Remuera, this cozy, refurbished 2-bedroom unit with a full bathroom and a carpark is set on a level contour. Constructed in 1979 with concrete walls and an iron roof, both in good condition, this cross-lease property offers a comfortable living space of 54 square meters. The modern kitchen, newly upgraded with contemporary finishes, complements the bright and airy open plan layout equipped with a heat pump for year-round comfort. Outside, a private, fully fenced courtyard provides a serene oasis. As for investment value, the capital value has seen a growth of 20.59% from $680,000 in 2017 to $820,000 in 2021, with the HouGarden AVM estimating the property at $785,000. The latest sale history includes transactions at $330,100 in 2009 and $330,000 in 2007.

Located in a prestigious school zone, this property grants access to top educational institutions such as Auckland Grammar, Epsom Girls' Grammar School, and Baradene College, all with a decile rating of 9. Remuera Intermediate and Remuera School, with decile ratings of 8 and 10 respectively, are also within the catchment area.

Updated on October 21, 2024