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Sold: $650,000

Sold on 2024 Year 2024 Month 10 Day 11

308/246 Khyber Pass Road, Grafton, Auckland

1
1
47m2

Nestled in the heart of Grafton, Auckland, this contemporary apartment at 308/246 Khyber Pass Road boasts a smart layout with one bedroom, one bathroom, and a single carpark. Constructed in 2017 with a mix of materials for the walls and iron for the roof, this unit title property is in a level contour and boasts good wall and roof conditions. The floor area spans a comfortable 47 square meters, perfect for a modern, low-maintenance lifestyle.

Since 2017, the capital value has seen a growth of 14.75%, from $610,000 to the current $700,000 as per the government valuation. The HouGarden AVM estimates the property at $670,000, while the latest sale history shows consistency with sales at $650,000 in both 2024 and 2015, indicating a stable investment opportunity.

For families with school-aged children, the property falls within the zones of Auckland Grammar (decile 9, Secondary), Newmarket School (decile 7, Contributing), Auckland Normal Intermediate (decile 9, Intermediate), and Auckland Girls' Grammar School (decile 3, Secondary), providing a range of high-quality educational options.

Updated on October 23, 2024

Council Data

Last update : 2024 12 11
Improvement value$450,000Reduced by -9% from year 2017
Land value$250,000Increased by 117% from year 2017
CV(Year 2021 Month 06)$700,000Increased by 14% from year 2017
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Floor area47m²
Decade of construction2017
Title761004
Type of titleUnit Title
Legal descriptionAU 22 DP 504963, AU 22 DP 504963, PRIN UNIT 308 DP 504963, PRIN UNIT 308 DP
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 308 AND ACCESSORY UNIT 22 DEPOSITED PLAN 504963
Council rates$1,976.87
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Auckland Grammar School
0.42 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Newmarket School
0.70 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Auckland Girls' Grammar School
1.70 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Auckland Normal Intermediate
2.22 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:-
Title:Unit Title

Khyber Pass Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Grafton properties data
Sales count(Last 12 months)
19View
Type: Unit
Sales median price(Last 12 months)
$450,000
Low: $150,000, High: $1,093,000
Rent median price(Last 12 months)
$480
Low: $250, High: $640
Grafton property trend
Year
Median price
Growth
Sales count
2024
$433,800
37.1%
17
2023
$316,500
-19.5%
21
2022
$393,000
-8.2%
20
2021
$428,000
74%
35
2020
$246,000
-19.3%
34
2019
$305,000
-41%
49
2018
$517,000
43.6%
77
2017
$360,000
22%
57
2016
$295,000
-24.4%
32
2015
$390,000
122.2%
63
2014
$175,500
-
34

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
308/371 Khyber Pass Road, Newmarket
0.24 km
1
1
52m2
Year 2024 Month 11 Day 08
-
Council approved
303/10 Lion Place, Epsom
0.28 km
2
2
57m2
Year 2024 Month 09 Day 26
-
Council approved
308/246 Khyber Pass Road, Newmarket
0.23 km
1
1
47m2
Year 2024 Month 09 Day 12
$651,000
Council approved
307/246 Khyber Pass Road, Newmarket
0.01 km
1
1
45m2
Year 2024 Month 07 Day 24
$499,000
Council approved
0.00 km
1
1
45m2
Year 2024 Month 07 Day 16
$499,000
Council approved

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