162 Jervois Road, Herne Bay, Auckland

Nestled at 162 Jervois Road, Herne Bay, this freehold property is a charming commercial-retail space with a rich history, built in 1910. The exterior walls, constructed of brick, are in good condition, as is the iron roof. Spanning a floor area of 367 square meters on a land area of 340 square meters, it's located in a quiet cul-de-sac, providing a serene environment for any business venture.

As per the latest valuation records, the capital value has seen a growth of 7.27%, from $2,750,000 in June 2017 to $2,950,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,925,000, while the latest sale history shows a significant leap from $1,555,000 in 2004 to $4,000,000 in 2024, indicating a promising investment opportunity.

For families, the property falls within the zones of several reputable schools. Western Springs College boasts a decile rating of 8, Ponsonby Primary School is a contributing school with a decile rating of 10, Ponsonby Intermediate stands at a decile rating of 9, and Auckland Girls' Grammar School, a secondary school, is rated at a decile of 3.

Updated on November 20, 2024