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1/142b Broadway, Newmarket, Auckland, 0 Bedrooms, 0 Bathrooms

Sold: $2,675,000

Sold on 2024 Year 2024 Month 06 Day 13

1/142b Broadway, Newmarket, Auckland

299m2

Nestled at 1/142b Broadway, Newmarket, Auckland, this commercial retail unit boasts a prime location with excellent exposure. Constructed in 1970 with mixed materials for both the roof and walls, the property is in good condition. It offers a single carpark and a floor area of 299 square meters under a Unit Title. The property's capital value has seen a change, with a value of $3,300,000 as of June 2021, compared to $3,900,000 in July 2017, indicating a decrease of 15.38%.

As for valuation, the HouGarden AVM estimates the property at $3,797,500, with the latest sale recorded on June 13, 2024, at $2,675,000. This presents a potential opportunity for investors and business owners alike.

Educationally, the property falls within the zones of Auckland Grammar (Secondary, Decile 9), Newmarket School (Contributing, Decile 7), Auckland Normal Intermediate (Intermediate, Decile 9), and Epsom Girls' Grammar School (Secondary, Decile 9), ensuring access to high-quality education.

Updated on August 01, 2024

Council Data

Last update : 2025 03 05
Improvement value$2,200,000Reduced by -11% from year 2017
Land value$1,100,000Reduced by -22% from year 2017
CV(Year 2021 Month 06)$3,300,000Reduced by -15% from year 2017
Floor area299m²
Decade of construction1970
Title166650
Type of titleUnit Title
Legal descriptionAU 11 UP 340547, AU 17 UP 340547, UNIT 1B UP 340547
CouncilAuckland - City
Estate descriptionSTFH,1/1,UNIT 1B AND ACCESSORY UNIT 11, 17 DEPOSITED PLAN 340547
Council rates$18,809.06
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Metropolitan Centre Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newmarket School
0.48 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Auckland Grammar School
0.87 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Epsom Girls Grammar School
1.03 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Normal Intermediate
2.26 km
Secondary
7-8
Government
Co-Educational
EQI: 374
9

Property history

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For developers

Unitary plan:Business - Metropolitan Centre Zone
Land:-
Title:Unit Title

Surrounding facilities

Broadway Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.08 km
2
2
63m2
Year 2024 Month 11 Day 06
$520,000
Council approved
C402/176 Broadway, Newmarket
0.08 km
2
2
-m2
Year 2024 Month 11 Day 01
-
Council approved
0.18 km
2
1
63m2
Year 2024 Month 10 Day 29
$480,000
Council approved
0.18 km
1
1
38m2
Year 2024 Month 10 Day 24
$284,888
Council approved
B618/176 Broadway, Newmarket
0.08 km
2
2
63m2
Year 2024 Month 10 Day 01
-
Council approved

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