2 Park Road, Grafton, Auckland

Located at 2 Park Road, Grafton, Auckland - City, this unique property falls under the 'Other - Health/medical' category, boasting a substantial floor area of 196,823 square feet and a land area of 117,284 square feet. With its freehold ownership type, the building, constructed in 1960, features mixed materials for both its walls and roof. However, the condition of the walls and roof remains unknown. This property offers ample parking with 1,563 car parks available, highlighting its potential for a variety of uses.

Over the years, the capital value of this property has seen significant growth, from $1,025,000,000 on July 1, 2017, to $1,450,000,000 on June 1, 2021, marking a 41.46% increase. The HouGarden AVM estimates its value at $1,389,345,000. This property represents an excellent investment opportunity, demonstrating substantial capital value growth over a relatively short period.

Education is a key feature of this property's location, being zoned for high-decile schools such as Parnell School (Full Primary, Decile 9) and Auckland Grammar (Secondary Year 9-15, Decile 9). This makes it an ideal choice for families seeking quality education for their children.

Updated on April 05, 2024.