13/368 Queen Street, Auckland Central, Auckland

Nestled in the heart of Auckland City Centre, this 11m² freehold commercial unit at 13/368 Queen Street is a prime offering in the Queens Court Shopping Centre. Configured with 1 bedroom and 1 bathroom, it boasts a mixed-material roof and walls in good condition, built in 2017. The property, with a current Capital Value (CV) of $110,000, has seen a decrease of 69.44% from its previous CV of $360,000. As a Unit Title, this property presents an intriguing investment opportunity. The HouGarden AVM estimates the property's value at $352,500, making it an attractive prospect for potential buyers.

History shows a promising trend with the CV, despite the recent decrease. The property's strategic location within the shopping complex, which includes various beauty, retail, and food units, ensures high visibility and foot traffic. Close to the Civic Theatre, Aotea Centre, and universities, this unit was last used as a massage and acupuncture retail space.

For families, the property falls within the zones of Auckland Grammar (Decile 9) for secondary education and Ponsonby Intermediate (Decile 9), as well as Freemans Bay School (Decile 6) and Auckland Girls' Grammar School (Decile 3). This offers a selection of high-quality educational institutions for children of all ages.

Updated on August 02, 2024