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2 Gillies Avenue, Newmarket, Auckland, 0 Bedrooms, 0 Bathrooms

Sold: $19,600,000

Sold on 2024 Year 2024 Month 11 Day 11

2 Gillies Avenue, Newmarket, Auckland

2849m2
1673m2

Nestled at the junction of Gillies Avenue and Eden Street, this 2849sqft commercial space boasts a freehold title and a mixed-material construction, both in walls and roof, since 2001. It features an average condition, 105 carparks, and large floor-to-ceiling glass windows, ideal for showroom and office use with a high level of exposure. The property has seen a 7.14% increase in Capital Value from $17,500,000 in 2017 to $18,750,000 as of June 2021. The HouGarden AVM estimates it at $18,585,000, while the latest sales were recorded at $19,600,000 in 2024 and $24,500,000 in 2022.

With a prime location, the property falls within the decile 9 Auckland Grammar zone and is close to Newmarket School (decile 7), Auckland Normal Intermediate (decile 9), and Epsom Girls' Grammar School (decile 9), making it an attractive option for families.

Updated on November 20, 2024

Council Data

Last update : 2025 02 19
Improvement value$4,000,000Reduced by -42% from year 2017
Land value$14,750,000Increased by 40% from year 2017
CV(Year 2021 Month 06)$18,750,000Increased by 7% from year 2017
Land area1673m²
Floor area2849m²
Decade of construction2001
TitleNA65C/271
Type of titleFreehold
Legal descriptionLOT 1 DP 115149 1673M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 115149,1673m2
Council rates$10.71万
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningBusiness - Metropolitan Centre Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Newmarket School
0.18 km
Primary
1-6
Government
Co-Educational
EQI: 381
7
Auckland Grammar School
0.58 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 385
9
Epsom Girls Grammar School
0.86 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 397
9
Auckland Normal Intermediate
1.99 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:1673m²
Title:Freehold

Surrounding facilities

Gillies Avenue Neighborhood and Surrounding Data

Mortgage

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