482 Dominion Road, Mount Eden, Auckland

Nestled at 482 Dominion Road, Mount Eden, Auckland, this commercial property with a rich history since 1910 boasts a freehold title. Constructed with a mix of materials for both the walls and roof, which are in average condition, the property offers 2 bedrooms, a generous floor area of 175 square meters, and a vast land area of 587 square meters. It also includes 8 carparks, making it an ideal investment opportunity in a prime location.

Since 2017, the capital value has shown a steady increase, reaching $2,725,000 as of June 2021, marking a 9% growth. The HouGarden AVM estimates the property's worth at $2,740,000, while the latest sale records from 2024 and 2011 reflect transactions of $2,500,000 and $1,320,000 respectively, indicating a consistent upward trend in value.

For families, the property falls within the zones of several high-performing schools. Mt Eden Normal School, a contributing school, boasts a decile rating of 10. Epsom Girls' Grammar School and Mt Albert Grammar School, both secondary schools, are rated at deciles 9 and 7 respectively. Balmoral School caters to years 7-8 in zone B with a decile of 9, and Auckland Girls' Grammar School, a secondary school, holds a decile rating of 3.

Updated on September 04, 2024