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9/71 Jellicoe Road, Panmure, Auckland, 0 Bedrooms, 1 Bathrooms

Sold: $710,000

Sold on 2024 Year 2024 Month 02 Day 08

9/71 Jellicoe Road, Panmure, Auckland

1
80m2

Located at 9/71 Jellicoe Road, Panmure, Auckland - City, this commercial retail unit is part of an exceptional 24-unit development, offering a floor area of 80m2. Constructed in 2020 with concrete walls and an iron roof, both in good condition, this property is categorized for retail use under a Unit Title ownership. Despite having no bedrooms or car parks, it includes one bathroom and is the smallest unit available, with sizes in the development ranging from 80-157m2.

The property has seen a capital value increase from $670,000 in July 2017 to $710,000 in June 2021, marking a growth of approximately 5.97%. The latest sale recorded was on February 8, 2024, for $710,000, following a previous sale at $735,000 on July 10, 2019. The HouGarden AVM estimates its value at $700,000. This retail unit is a prime opportunity for both owner-occupiers and investors, boasting exceptional road frontage, exposure, and 89 shared car parks. It was built by highly respected developers, with an expected completion date back in October 2019.

The property is zoned for several schools including Baradene College (Secondary, Year 7-15, decile 9), Tamaki College (Secondary, Year 9-15, decile 1), and Ruapotaka School (Full Primary, decile 1). This high-spec retail unit, ideal for retail/showroom use, is a rare find in a premium location, offering a significant opportunity for establishing a business or investment in Panmure.

Council Data

Last update : 2025 01 15
Improvement value$410,000Reduced by 0% from year 2017
Land value$300,000Increased by 15% from year 2017
CV(Year 2021 Month 06)$710,000Increased by 5% from year 2017
Floor area80m²
Decade of construction2020
Title912076
Type of titleUnit Title
Legal descriptionPRIN 9 DP 542054
CouncilAuckland - City
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 9 DEPOSITED PLAN 542054
Council rates$4,320.89
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ruapotaka School
0.78 km
Primary
1-8
Government
Co-Educational
EQI: 536
1
Tamaki College
2.02 km
Secondary
9-15
Government
Co-Educational
EQI: 534
1
Baradene College
5.62 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

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

Surrounding facilities

Jellicoe Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
406/82 Jellicoe Road, Mount Wellington
0.07 km
1
1
54m2
Year 2024 Month 11 Day 01
$515,000
Council approved
0.08 km
1
1
54m2
Year 2024 Month 10 Day 21
$515,000
Council approved
308/82 Jellicoe Road, Panmure
0.07 km
1
1
0m2
Year 2024 Month 10 Day 01
$490,000
Council approved
0.08 km
1
1
54m2
Year 2024 Month 09 Day 22
$490,000
Council approved
0.24 km
3
121m2
Year 2024 Month 09 Day 18
$857,000
Council approved

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