Located at 56 Waiatarua Road, Remuera, Auckland - City, this residential dwelling boasts a freehold ownership type on a 657sqm land area with a floor area of 127sqm. The property, built in the 1910s, features 4 bedrooms, 1 carpark, and is constructed with wood walls in good condition and an iron roof in average condition. The property's contour is described as easy/moderate fall, making it an attractive option for families or developers looking to create a dream home or develop the site further.
The capital value of this property has seen a significant increase, from $1,525,000 in July 2017 to $2,250,000 in June 2021, marking a 47.54% growth. The latest sale recorded was on October 27, 2023, for $1,825,000, up from $250,000 back in June 1991. The HouGarden AVM estimates the property's value at $2,215,000, highlighting its potential for further appreciation.
This property is zoned for several high-decile schools, including Meadowbank School (decile 10), Remuera Intermediate (decile 8), Baradene College (decile 9), and Selwyn College (decile 4), making it an ideal location for families prioritizing education. The vibrant family-friendly community and the convenience of being steps away from Meadowbank Primary and the train station add to the appeal of this prime site.
Updated on March 22, 2024.