Deadline Treaty

58 Dryden Street, Grey Lynn, Auckland City, Auckland

502m²

HouseListed on Wed Jan 17

Open Homeschool zone

$18,625/Monthly repayments

Based on estimate value

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Grey Lynn 9 Bedroom Boutique accommodation - significant net cash flow

This boutique accommodation property is located approximately 10 minutes from Auckland's CBD. Fully renovated throughout, this property represents a good investment to those looking for something other than a residential tenancy.

Comprising two fully contained dwellings totalling nine double bedrooms, seven bathrooms (six luxurious ensuites) and secure off-street parking for four cars. The configuration is appealing to long-stay corporate clientele or as an Airbnb equivalent for free independent travellers (FIT).

Built to modern standards, this property is fully double-glazed, with central heating in every room and modern kitchens and living on each level. Each floor has park-view verandas and outdoor flow to separate north-facing entertaining areas.

The property is fully managed by an Auckland company who are capitalising on this unique offering to international and domestic corporate clientele. The option is still there for you to play in other areas of accommodation including residential tenancies.

This investment offers so much from location to flexibility in revenue and management considerations not seen in normal commercial investment. The committed vendor instructs a definite sale.

Due to the nature of the investment, inspections are by appointment only through the below agents.

Location

School zones

Name	Distance	类型	Year	属性	Gender	Score	Decile
Richmond Road School	0.35 km	小学	1-6	公立学校	男女混校	EQI: 398	8	详情
Ponsonby Intermediate	1.13 km	中学	7-8	公立学校	男女混校	EQI: 381	9	详情
Auckland Girls' Grammar School	1.54 km	中学	9-15	公立学校	女子学校	EQI: 488	3	详情
Western Springs College-Ngā Puna o Waiōrea	1.74 km	中学	9-15	公立学校	男女混校	EQI: 416	8	详情
Pasadena Intermediate	1.87 km	中学	7-8	公立学校	男女混校	EQI: 416	8	详情

Council Data

Last update : 2024 04 24

Improvement value$775,000Reduced by 0% from year 2017

Land value$2,500,000Increased by 51% from year 2017

CV(Year 2021 Month 06)$3,275,000Increased by 35% from year 2017

室外木台Yes

景色Focal Point Of view - Other

坡度Easy/Moderate rise

土地面积502m²

建筑面积248m²

建造年代1920

地契编号909567

地契类型Freehold

法律描述LOT 13 DP 541117

市议会Auckland - City

产权描述FSIM,1/1,LOT 13 DEPOSITED PLAN 541117,502m2

建筑规格External Walls: Wood Roof: Iron

建筑现况External Walls: Good Roof: Good

城市规划Residential - Single House Zone

Property history

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Unitary plan:Residential - Single House Zone

Land:502m²

Title:Freehold

Zoning

Underground

Contour

State houses

Flood zone

Suburbs

Data analysis - Grey Lynn properties data

Sales count(Last 12 months)

1View

Type: Freehold

Sales median price(Last 12 months)

$1,700,000

Low: $1,700,000, High: $1,700,000

Rent median price(Last 12 months)

$1,625

Low: $1,500, High: $1,750

Grey Lynn property trend

Year	Median price	Growth	Sales count
2023	$1,928,000	-5.4%	5
2022	$2,037,500	-23.2%	8
2021	$2,652,000	5.8%	1
2020	$2,507,500	25.2%	10
2019	$2,002,500	-23.3%	6
2018	$2,612,500	18.8%	2
2017	$2,200,000	5.1%	5
2016	$2,093,500	18.4%	2
2015	$1,767,500	4%	8
2014	$1,700,000	-	3

Promote

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
33 Allen Road	0.16 km	5	2	188m²	2024年03月09日	-	Council approved
62 Dryden Street	0.18 km	3		127m²	2024年02月26日	$1,562,557	Council approved
34 Cockburn Street	0.26 km	3	1	109m²	2024年01月31日	$1,351,000	Council approved
47 Hakanoa Street	0.07 km	4	2	170m²	2024年01月24日	$2,653,000	Council approved
41 Hakanoa Street	0.18 km	3	2	-m²	2023年12月15日	$2,600,000	Council approved