1/130c Saint Georges Bay Road, Parnell, Auckland

Nestled in the heart of Parnell, Auckland, this exquisite commercial property at 1/130c Saint Georges Bay Road boasts a rich history, dating back to 1910. Constructed with a mix of materials for the walls and iron for the roof, this unit-titled property offers an impressive floor area of 1435 square feet and parking for up to 6 cars. The property's capital value has seen a substantial increase, reflecting its growing desirability in the market.

As per the latest records, the property's capital value has surged from $3,175,000 in July 2017 to $6,000,000 as of June 2021, marking an extraordinary growth of 88.98%. The HouGarden AVM estimates the property's worth at $5,850,000, while the latest sales history shows transactions at $8,000,000 in June 2024 and $3,800,000 in April 2021, further highlighting the investment potential of this prime real estate.

For families with school-aged children, this property falls within the highly sought-after school zones of Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all of which are decile 9 institutions, ensuring access to some of the best education facilities in the region.

Updated on August 14, 2024