27 Jervois Road, Ponsonby, Auckland

Located at 27 Jervois Road, Ponsonby, Auckland - City, this unique property offers a blend of residential and commercial opportunities, making it a versatile investment. The property features a three-bedroom townhouse with 2 1/2 bathrooms, two living areas with north-facing decking, and triple car garaging with additional storage. Constructed in 1996 with brick walls and mixed materials for the roof, both in good condition, it spans a floor area of 239m² on a cross-lease title. The commercial aspect includes a fully leased office space, generating an attractive income of $28,770 + GST per annum.

The capital value of the property has seen a significant increase, from $1,675,000 in July 2017 to $2,075,000 in June 2021, marking a 23.88% growth. The latest sale recorded was on February 12, 2024, for $2,500,000, up from $750,000 on March 25, 2013. The HouGarden AVM estimates the property's value at $2,042,500.

Education is well catered for, with the property being zoned for Western Springs College (decile 8), Ponsonby Primary School (decile 10), Ponsonby Intermediate (decile 9), and Auckland Girls' Grammar School (decile 3). This prime location offers the best of city-fringe living, with Ponsonby, Herne Bay, and the CBD just moments away, making it an ideal choice for families and investors alike.