Nestled at 15 Surrey Crescent, Grey Lynn, Auckland, this impressive commercial villa boasts 3 bedrooms, 5 carparks, and a spacious floor area of 184sqm. Constructed in 1900 with wood walls in good condition and an average iron roof, it sits on a generous 708sqm freehold corner site. The property's capital value has seen a remarkable increase of 48.75% from $2,000,000 in 2017 to $2,975,000 as of 2021. The HouGarden AVM estimates it at $2,770,000, with the latest sales recorded at $2,005,000 in 2024 and $2,100,000 in 2019. This prime city fringe location offers a rare opportunity to own a genuine Grey Lynn gem, with potential for both residential and commercial use.
With a government-estimated value on the rise and a desirable school zone that includes Pasadena Intermediate and Western Springs College, both with a decile rating of 8, as well as Grey Lynn School and Ponsonby Intermediate at decile 9, this property is not just a structure but an investment in a thriving community. Auckland Girls' Grammar School, a secondary school with a decile rating of 3, is also in the vicinity.
Whether you seek a home in a prestigious school zone or a sound commercial investment, this premium Grey Lynn standalone is a treasure waiting to be discovered.
Updated on June 19, 2024