26 Virginia Avenue, Eden Terrace, Auckland

Nestled at 26 Virginia Avenue, Eden Terrace, Auckland, this modern 2,651 square feet commercial office space boasts a prime location with stunning views over Newton Gully. Constructed in 1992 with concrete walls and a mixed-material roof, this freehold property has been well-maintained with good wall and roof conditions. It offers 25 on-site carparks and excellent access to public transport. The property's capital value has seen a remarkable increase from $8.4 million in July 2017 to $13.5 million as of June 2021, reflecting a growth rate of 60.71%. The latest sale was recorded at $10.5 million in October 2024, following a previous sale at $7 million in June 2015. HouGarden's AVM estimates the property's value at $12,342,500.

For families, the property falls within the zones of several reputable schools. Pasadena Intermediate and Western Springs College both have a decile rating of 8, while Newton Central School and Mt Albert Grammar School are rated at decile 7. Kowhai Intermediate School and Auckland Girls' Grammar School are also within reach, rated at decile 7 and 3 respectively, ensuring a quality education for children of all ages.

This office space, with its recent refurbishment and abundance of natural light, is ready to welcome a new tenant. Its strategic location and investment potential make it an attractive opportunity in the heart of Auckland.

Updated on December 11, 2024