463 Parnell Road, Parnell, Auckland

Located at 463 Parnell Road, Parnell, Auckland - City, this unique property offers a blend of commercial and residential utility within its walls. Constructed in 1910, the building features wood wall construction and an iron roof, both in average condition, reflecting its historical charm. The property spans over a floor area of 138 square meters and sits on a land area of 306 square meters. It is categorized under 'Commercial - Multiple/unknown' and holds a Freehold ownership type. The property includes one bedroom, an unspecified number of bathrooms, and two carparks, catering to both living and business needs.

Over the years, the capital value of this property has seen significant growth, from $1,675,000 in July 2017 to $2,600,000 in June 2021, marking a 55.22% increase. The latest HouGarden AVM estimates its value at $2,557,500. The property last changed hands in February 2002 for $460,000. This trajectory underscores the property's increasing value and appeal in a competitive market.

The property is advantageously positioned within the school zones of Parnell School, Auckland Grammar, and Epsom Girls' Grammar School, all boasting a decile rating of 9. This location offers excellent educational opportunities, making it an attractive option for families and professionals alike.

Updated on March 22, 2024.