766 Remuera Road, Remuera, Auckland

Nestled in the prestigious Remuera neighborhood, this 4-bedroom, 2-car park residence on 766 Remuera Road boasts a freehold title and a generous floor area of 240m² on a sprawling 1052m² section. Constructed in the 1930s with roughcast walls and tiled roofing, the home has been meticulously maintained, preserving its original charm while incorporating modern extensions. The capital value has seen a staggering increase of 43.7% from $3,375,000 in 2017 to $4,850,000 as of June 2021, with the HouGarden AVM estimating a value of $4,650,000. The latest sale was recorded in 1986 for $230,000.

With a CV increase that outpaces the market, this property also enjoys a prime location within the catchment area of top-rated schools, including Baradene College (decile 9) and Meadowbank School (decile 10). The Remuera Intermediate and Selwyn College are also within easy reach. The property, tendering for sale, presents a unique opportunity to own a piece of history with potential for added value, all while benefiting from the convenience of nearby amenities and transport links.

Occupying a tranquil cul-de-sac, this residence is not only an entertainer's paradise with its sundrenched decks and private gardens but also a wise investment in a sought-after school zone. The combination of a solid structure, architectural renovations, and the potential to reinstate the backyard pool makes it an irresistible proposition for discerning buyers.

Updated on October 22, 2024