Nestled at 2 Woodside Road, Mount Eden, Auckland, this commercial accommodation property boasts a freehold title on a substantial 1688sqm land area. Constructed in 1900 with wood and iron, the property features 23 bedrooms, 2 bathrooms, and a generous floor area of 527sqm. The exterior walls and roof are in average condition, and the property is situated in a quiet cul-de-sac, enhancing its appeal.
With a government valuation (CV) of $5,800,000 as of June 2021, the property has shown an impressive increase of 63.38% from its $3,550,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $5,555,000, while the latest sales records from April 2024 and October 2013 reflect a significant growth from $2,600,000 to $7,500,000.
For families, the property falls within the zone of several high-performing schools. Auckland Grammar, Auckland Normal Intermediate, Epsom Girls' Grammar School, and Maungawhau School are all decile 9 institutions, while Mt Albert Grammar School is a decile 7 establishment and Balmoral School (Auckland) Zone B caters to years 7-8 with a decile 9 rating. Auckland Girls' Grammar School is also in the vicinity with a decile 3 rating.
Updated on April 25, 2024