Nestled on 837sqm of freehold land, this property on 4153 Great North Road, Glen Eden, Auckland, is a prime commercial office space with a rich history, built in 1958. It boasts a well-maintained wood exterior and an iron roof in good condition. The property includes a generous 150sqm floor area and 3 car parks. With a CV of $1,025,000 as of June 2021, it has shown a remarkable growth of 70.83% since July 2017. This is an ideal opportunity for development, land banking, or investment, with endless amenities at its doorstep, including a 1.3km distance to Glen Eden Train Station and easy access to shopping and transportation.
As for the property's valuation, the HouGarden AVM estimates it at $985,000, while the latest sale records from 2002 and 1993 indicate a progressive increase in value. The site's potential is further enhanced by its location within the Mixed Housing Urban Zone, making it an attractive prospect for investors.
For families, the property falls within the zones of several schools, including Glendene School and St Leonards Road School (both contributing schools with deciles of 2 and 3 respectively), Kelston Intermediate (decile 2), Kelston Boys' High School, and Kelston Girls' College (both secondary schools with deciles of 3 and 2 respectively), ensuring quality education options for all ages.
Updated on October 31, 2024