18 Commercial Road, Grey Lynn, Auckland

Located at 18 Commercial Road, Grey Lynn, Auckland - City, this charming 1920s cottage boasts 3 bedrooms, 1 bathroom, and a single carpark, with a floor area of 90m² and a land area of 306m². The property is a Freehold Residential - Dwelling, featuring an iron roof and wooden walls, both in average condition, on a level property contour. It offers a unique blend of privacy, picturesque setting, and characterful living, making it an ideal choice for those downsizing, first-timers, or looking for their next step.

From its initial capital value of $1,100,000 in 2017 to $2,000,000 in 2021, the property has seen an impressive capital value increase of approximately 81.82%. The latest sale was recorded on January 24, 2024, for $1,830,000, following a previous sale at $1,940,000 on March 3, 2021. The HouGarden AVM estimates the property's value at $1,915,000, highlighting its potential as a wise investment.

The property is ideally located within excellent school zones, including Grey Lynn School (decile 9), Newton Central School (decile 7), Pasadena Intermediate (decile 8), Kowhai Intermediate School (decile 7), Western Springs College (decile 8), and Auckland Girls' Grammar School (decile 3), offering outstanding educational opportunities. Its proximity to amenities, transport options, cafes, and the boutique culture of Grey Lynn and Ponsonby, along with easy access to Universities and the CBD, makes it a highly desirable location.

Updated on April 06, 2024.