Nestled at 2 Pacific Rise, Mount Wellington, Auckland, this commercial office space boasts a freehold title on a generous land area of 4798 square meters. Constructed in 1992 with wood exterior walls and a mixed-material roof, the property is in good condition both inside and out. It offers a vast floor area of 2756 square meters and ample parking with 44 carparks.
Since 2017, the capital value has seen a steady increase, reaching $14,500,000 as of June 2021, marking a growth of 9.43%. The HouGarden AVM estimates the property's worth at $14,147,500. Notably, the latest sale history includes a significant transaction of $16,000,000 in July 2024, following a previous sale of $8,200,000 in February 2008.
For families, the property falls within the school zones of Baradene College, a secondary school with a decile rating of 9, and Te Papapa School, a contributing school with a decile rating of 2.
Updated on August 14, 2024