4/25 Martin Avenue, Remuera, Auckland

Nestled in the prestigious Remuera neighbourhood, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for investors, downsizers, and first-time buyers. Constructed in 1960 with mixed materials for the walls and iron for the roof, this unit on 4/25 Martin Avenue boasts an average condition and is set on a contour with an easy to moderate fall. The property, with a floor area of 73 square meters and a Unit Title ownership, is move-in ready with low-maintenance appeal and a modernised study. The capital value has shown a 22% increase from $1,000,000 in June 2017 to $1,220,000 as of June 2021. HouGarden AVM estimates the property at $1,135,000, while the latest sales were recorded at $945,000 in August 2020 and $832,000 in December 2019.

With a decile rating of 9, Baradene College is in the secondary school zone, while Remuera Intermediate holds an 8 decile rating. Selwyn College and Meadowbank School, with deciles of 4 and 10 respectively, are also in the area. The property enjoys a prime location, centrally positioned with easy access to public transport, motorways, and the retail and entertainment hub of Newmarket. The living areas are bathed in natural light, framed by large windows, and the kitchen is stylishly appointed. The unit also features a balcony with a stunning view of the Sky Tower.

From the well-appointed bedrooms to the spotless bathroom and convenient parking, this unit has it all. It's a homely haven that checks all the right boxes, making it an attractive prospect for any discerning buyer.

Updated on May 17, 2024