89a Great South Road, Epsom, Auckland

Nestled in the heart of bustling Epsom, this freehold property at 89a Great South Road is a gem for investors. Constructed in 1930 with mixed materials for both the walls and roof, it presents an average condition. Spanning an area of 160 square meters, the property boasts a floor area that matches its land size of 164 square meters. It's a commercial establishment with potential for more, located in a high-profile area with excellent foot traffic. The property has seen a 7.41% increase in Capital Value from $810,000 in 2017 to $870,000 as of June 2021. HouGarden AVM estimates the value at $862,500, while the latest sale was recorded at $870,000 in September 2024, a significant jump from the $160,000 sale in 1997.

For families, the property falls within the zone of some of Auckland's best schools. Auckland Grammar, Epsom Girls' Grammar School, Baradene College, Remuera Intermediate, and Cornwall Park District School are all within reach, offering a decile rating of 8 to 9. This ensures a quality education for children of all ages. The property's location and the potential for value growth make it an attractive opportunity for both investors and families.

With its prime location and potential for future growth, this property is not to be missed. It's a perfect blend of history, convenience, and potential, waiting to be realized by the discerning buyer.

Updated on November 13, 2024