1/23 Monteith Crescent, Remuera, Auckland

Nestled in a serene cul-de-sac of Monteith Crescent, this charming 1970s townhouse boasts robust concrete walls and an iron roof, maintaining a good condition both inside and out. The 62sqm floor area encompasses two bedrooms, one bathroom, and a single carport, all on a cross-lease title. The property, with a government valuation of $790,000 as of June 2021, has shown a CV increase of 11.27% since July 2017, reflecting a growing investment value. The latest sale history points to a sale price of $690,000 in August 2017, following $372,500 in February 2007, underlining the consistent capital appreciation.

As for the property's backend valuation, the HouGarden AVM estimates the property at $760,000, offering a competitive edge in the market. This home is particularly appealing for its zoning in the prestigious school network, including Baradene College with a decile rating of 9, Remuera Intermediate at 8, and the highly rated Meadowbank School at 10, ensuring top-notch education for the family.

With lofty ceilings and an abundance of natural light, the open-plan living spaces exude a tranquil ambiance. The wall-mounted heat pump and double-glazed sliders contribute to comfort year-round, while the private patio and elevated deck provide seamless indoor-outdoor living. The galley kitchen is thoughtfully arranged, and the bedrooms, including one with a built-in study desk, are cozy and functional. This property, set amidst mature trees and greenery, is not only an ideal family home but also a wise investment opportunity in a sought-after Auckland suburb.

Updated on October 11, 2024