Nestled in the serene Devonport, this 111sqm residential unit at 2c/2 Queens Parade boasts 3 bedrooms, 2 bathrooms, and a carpark. Constructed in 1996 with concrete walls and an iron roof, both in good condition, it is governed by a Unit Title. The property, valued at $1,220,000 by HouGarden AVM, has seen a CV increase of 60% from $1,375,000 in 2017 to $2,200,000 in 2021. The latest sale was for $1,800,000 in 2024, signifying a significant appreciation from the $865,000 sale in 2013.
With a prime location opposite the Devonport ferry terminal, the property offers CBD views and vacant possession. Devonport, a cultural hub and tourist destination, is just a 12-minute ferry ride from the CBD. The area is home to a range of amenities and is within the decile 10 zone for Takapuna Grammar School, Belmont Intermediate, Stanley Bay School, and Devonport School, making it an ideal investment for families.
This mixed-use complex, with its central air conditioning and secured parking, has been previously utilized as a professional office and is now a retail/office opportunity not to be missed. Its strategic position and high demand for commercial properties in the area present a compelling case for both owner-occupiers and investors.
Updated on December 04, 2024