24 Queens Road, Panmure, Auckland

Located at 24 Queens Road, Panmure, Auckland - City, this commercial property is designed for retail use, specifically a restaurant, with a floor area of 223m² on a freehold land area of 175m². Built in 1969, the building features concrete walls and mixed materials for the roof, both in average condition. The property offers street gas connection, drainage, staff parking at the rear, and ample street parking, making it an ideal spot for businesses.

The property has seen a capital value increase from $580,000 in July 2017 to $690,000 in June 2021, marking an 18.97% growth. The latest HouGarden AVM estimates the value at $660,000, with the most recent sale recorded at $630,000 in February 2024, up from $450,000 in July 2005.

Situated in a prime educational zone, the property is zoned for Panmure District School and Panmure Bridge School, both full primary with decile ratings of 2 and 1, respectively. It also falls within the zones for Baradene College, a secondary school (Year 7-15) with a decile rating of 9, and Tamaki College, a secondary school (Year 9-15) with a decile rating of 1.

Updated on April 04, 2024.