B/2 York Street, Newmarket, Auckland

Nestled in the vibrant heart of Newmarket, Auckland, this commercial office space at B/2 York Street boasts a modern design with mixed materials for both its roof and walls, constructed in 2008. It features a single bathroom and a floor area of 12 square meters, operating under a Unit Title ownership. The property's capital value has seen a substantial increase, rising from $13,000 in July 2017 to $145,000 as of June 2021, marking a growth rate of 10.15%.

As for its market worth, the HouGarden AVM estimates the property's value at $142,500, with the latest sale recorded on September 27, 2024, at $135,000. This indicates a stable investment opportunity in a thriving commercial hub.

For families considering the area, the property falls within the zones of several high-performing schools. Auckland Grammar, a secondary school for years 9 to 15, holds a decile rating of 9. Newmarket School, an contributing primary, is rated at decile 7. Auckland Normal Intermediate and Epsom Girls' Grammar School, both secondary schools, are also at decile 9, ensuring a high standard of education for the community.

Updated on November 20, 2024