488-490 Remuera Road, Remuera

Sold April 2024 for $3,834,783

9 Bed
7 Bath
5 Lounge
4 Carport
3 Other

DECEASED ESTATE


Located prominently east of Orakei Road, between the Remuera Road and Upland Road shopping precincts, this north-facing 895m² Terrace Housing and Apartment Buildings (THAB) zoned Freehold property consists of six tenancies providing stable income in a highly sought-after location. 

The six tenancies include two commercial offerings, one with residential attached, and four apartments with typical high stud ceilings, large sunny windows and enviable outlook. 

The property has a total income of approximately $165,000 and all the tenancies are short term, providing flexibility and add-value potential.

The property would suit a residential occupier looking to take advantage of the favourable school zoning, a commercial occupier looking to take advantage of the passing trade, a business with a requirement to provide accommodation for staff, astute investors and forward thinking developers.   

Contact now for further information.

For sale by deadline private treaty closing 2:00pm, Thursday 18 April 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).

Property details

Location:
488-490 Remuera Road, Remuera
Property type:
House
Land area:
895m²
Bedrooms:
9
Bathrooms:
7
Family room:
5
Carport:
4
Off street parking:
3
Property ID:
864534

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Nearby schools

  • Kadimah School 0.1 km
  • King's School (Remuera) 1.0 km
  • St Mary's School (Ellerslie) 1.6 km
  • Meadowbank School 1.6 km
  • Michael Park School 1.7 km
  • Saint Kentigern Girls' School1.8 km
  • Victoria Avenue School1.8 km
  • Cornwall Park District School1.8 km
  • Saint Kentigern Boys' School1.9 km
  • St Michael's Catholic School (Remuera)1.9 km
  • Ellerslie School1.9 km
  • Dilworth School2.0 km
  • Mt Carmel School (Meadowbank)2.1 km
  • Diocesan School For Girls2.1 km
  • St Cuthbert's College (Epsom)2.4 km
10 more schools

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