5 Wimbledon Way, Remuera, Auckland

Nestled in the serene Wimbledon Way, a quiet cul-de-sac in Remuera, Auckland, this freehold property boasts a capital value of $1,100,000 as of June 2021, a 25% increase from its $880,000 valuation in July 2017. Constructed in 1979 with concrete walls and tiled roofing, the dwelling spans a floor area of 103 square meters on a levelled 168 square meter section. It features three bedrooms, two carparks, and is in average condition both inside and out. The latest sales history includes a transaction at $885,000 in April 2018, and previously at $545,000 in February 2010. The HouGarden AVM estimates the property's worth at $1,072,500.

For families with school-aged children, the property falls within the zones of highly regarded educational institutions. Baradene College, a secondary school with a decile rating of 9, Remuera Intermediate at decile 8, Selwyn College at decile 4, and Meadowbank School, a contributing school with a perfect decile score of 10, are all within reach.

Not only is the property investor-friendly with its compliance to healthy homes standards and a new roof, but it's also ideally located near Regents Park, Upland Road village, and within a short drive to motorway access. This Remuera gem is set for auction with a reserve below $950,000, promising a lucrative opportunity for both homeowners and investors.

Updated on July 23, 2024