Introducing 29A Maungarei Road, Remuera - a timeless 1920s bungalow nestled in the heart of one of Remuera's most coveted locations, overlooking the picturesque College Rifles. This charming family home presents a perfect blend of classic elegance and modern comfort. The property features four bedrooms, with a tastefully renovated bathroom, and inviting lounge, kitchen, and dining areas. The construction boasts wood walls in good condition and tile roofing in average condition, reflecting the home's character and history. The property is a Cross-Lease with a steep fall contour, emphasizing its unique position.
The capital value of this property has seen a significant increase, from $1,160,000 in July 2017 to $1,575,000 in June 2021, marking a growth of approximately 35.78%. The HouGarden AVM estimates its value at $1,510,000. Historical sales data reveals a steady appreciation, with sales in March 2003 for $471,000 and in September 2000 for $350,000, highlighting the property's enduring appeal and investment potential.
Located within excellent school zones, this property offers access to top-rated educational institutions, including Meadowbank School (decile 10), Remuera Intermediate (decile 8), Baradene College (decile 9), and Selwyn College (decile 4). These schools provide high-quality education options for families, making it an ideal location for those prioritizing academic excellence.
Updated on April 05, 2024.