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Home / Business

Recent Sales: 3 Somerfield Street

NZ Herald
3 Sep, 2017 05:00 PM3 mins to read

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$1.88 million: 3 Somerfield St. Photo / Supplied

$1.88 million: 3 Somerfield St. Photo / Supplied

Barfoot & Thompson sold 22 Pukerangi Cres, a four-bedroom, two-bathroom family home in a sought-after street on 776sq m for $1.585 million.

The agency also oversaw the sale of 16 Innisfree Dr, a four-bedroom family home in need of modernising on 607sq m for $1.316 million. And it sold 3 Somerfield St, a two-bedroom home on a desirable flat site of 916sq m for $1.88 million.

Bayleys agents Reinka Ratti and Steve Gill sold 387a Ellerslie- Panmure Highway, a three-bedroom, one-bathroom single-level brick and tile home on 819sq m for $935,000.

Their colleagues Michelle Hicks and Christopher Valladares oversaw the sale of 10a Umere Cres, a five-bedroom, two-bathroom contemporary home on 500sq m, which went for $1.35 million.

Andrew Rumbles, of Bayleys sold a four-bedroom, two-bathroom modernised villa on 577sq m at 15 Findlay St - just a short stroll from the village - for $1.43 million.

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PROPERTY PRICES

An entry-level property, such as a two-bedroom terraced townhouse, ranges in price from $675,000 to $725,000. Two-bedroom units can be bought in the $600,000s.

A three- or four-bedroom home on a 500sq m site would sell for between $1 million and $1.2 million. Larger homes on sites of about 750sq m generally sell for $1.75 million to $2.5 million.

$1.585 million: 22 Pukerangi Cres. Photo / Supplied
$1.585 million: 22 Pukerangi Cres. Photo / Supplied

RENTS

Two-bedroom units or townhouses typically cost between $400 and $550 a week, depending on their age and amenities. Three-bedroom homes start around $600 and head into the $700s. Larger homes start at $800 a week.

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SCHOOLS

Ellerslie School, St Marys School, Michael Park School, One Tree Hill College.

BEST STREETS

Pukerangi Cres, Umere Cres, Amy St, Aaron St, Malabar Dr, Ballin St. David Storer, of Bayleys, says many grander homes have traditionally sat along the streets heading up the ridge towards Remuera with Ladies Mile, Arthur, Arran and Amy Sts all leading up to Pukerangi Cres, some enjoying views to One Tree Hill or across Michaels Ave Reserve.

$935,000: 387a Ellerslie Panmure Highway. Photo / Supplied
$935,000: 387a Ellerslie Panmure Highway. Photo / Supplied

LOCAL ATTRACTIONS

Ellerslie Racecourse
Renowned for the gallops, Ellerslie Racecourse events have increasingly become more about family fun, fashion and food. The Pop Up Globe, hosting Shakespeare plays, was held in the gardens. The course's infield has a driving range and a pitch and putt nine-hole course.

Ellerslie Village
The business association has been behind improving the streetscape of the town centre and boosting its vibrancy. The main street has cafes, bars and restaurants that are well supported by locals. Regular events such as this Sunday's Ellerslie Spring Fairy Festival & Pirate Party attract big crowds.

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