Nestled on a prime section of 497 sqm, this freehold property at 35 Middleton Road, Remuera, Auckland, is a golden opportunity. The charming 2-bedroom, 1-bathroom dwelling, built in 1920 with wood exterior walls and an iron roof in good condition, is a perfect canvas for your dream home. The capital value has seen a remarkable increase of 43.06% from $1,800,000 in 2017 to $2,575,000 as of June 2021. The HouGarden AVM estimates it at $2,470,000, while the latest sales history shows a property sold for $550,000 in 2002 and $140,000 in 1992. This property not only boasts an easy/moderate rise contour and a north-facing section drenched in sunlight but also enjoys a strategic location with Newmarket's amenities at your fingertips and public transport just a stone's throw away.
For families, the school zone is a significant draw, with top-rated institutions such as Auckland Grammar (decile 9), Newmarket School (decile 7), Epsom Girls' Grammar School (decile 9), Baradene College (decile 9), and Remuera Intermediate (decile 8). The current tenants are in place until December, providing ample time to plan and seek necessary consents. This is a rare chance to own a piece of land in a prime position, offered on the market for the first time in over two decades – a clear instruction to sell is given, and viewing appointments are available at any time.
With a promise of convenience, community, and potential, this property is not to be missed.
Updated on April 23, 2024