167 Queen Street, Auckland Central, Auckland

Nestled at 167 Queen Street, Auckland Central, this 1990-built commercial property is a leasehold gem. It boasts an extensive carpark facility with 18 spaces, a generous floor area of 798 square meters, and a land area of 528 square meters. While specific details about the number of bedrooms and bathrooms are not available, the property's external walls and roof are of unknown construction and condition. Nonetheless, this address holds a prime location with a promising investment outlook.

As per the valuation records, the property's capital value has seen a slight dip from $18,000,000 in July 2017 to $17,750,000 as of June 2021, indicating a decrease of 1.39%. However, the HouGarden AVM estimates the property's worth at $17,247,500. The last sale was recorded in March 1994 for $1,125,000, highlighting the property's long-term investment potential.

For families with school-aged children, the property falls within the zones of several reputable schools. Western Springs College and Ponsonby Intermediate both have a high decile rating of 8 and 9 respectively, while Freemans Bay School and Auckland Girls' Grammar School offer alternatives with a decile rating of 6 and 3. This makes the property an attractive prospect for those considering quality education in the area.

Updated on April 29, 2024