Nestled in the serene cul-de-sac of Stirling Street, Remuera, Auckland, this charming residence boasts 2 bedrooms, a single carpark, and a floor area of 124sqm. Constructed in 1940 with roughcast walls and a mixed-material roof in good condition, it sits on a cross-lease title with a quarter share of a 2044sqm section. The property, with a current Capital Value (CV) of $2,450,000, has seen a rapid increase of 28.95% since 2017, reflecting its growing worth. This is a golden opportunity to own a piece of prime real estate in the prestigious Double Grammar Zone.
With a HouGarden AVM of $2,465,000 and a latest sale history of $1,580,000 in 2022, this property presents an attractive investment prospect. The CV and AVM figures, however, tell only part of the story. The true potential lies in its location and development possibilities, whether you choose to renovate or rebuild to capture the panoramic views. It's perfect for developers, landbankers, and investors with a strategic eye.
Educationally, the property is zoned for some of the best schools in Auckland, including Auckland Grammar (Decile 9), Victoria Avenue School (Decile 10), Epsom Girls' Grammar School (Decile 9), Baradene College (Decile 9), and Remuera Intermediate (Decile 8), ensuring top-notch education for the family.
Updated on September 23, 2024