Back 4/386 Richmond Road
Off Market

4/386 Richmond Road

Grey Lynn Auckland

2
1
2
176 m²
Townhouse
Last sold for $1,060,000
Chris CairnsChris Cairns, last sold this property on 28 January 2026 after 36 days on market.

Overview

Renovate, Reimagine, Reward - Prime Grey Lynn

Positioned within the tightly held gated community 'Summerfield Villas' in the heart of Grey Lynn, this substantial terrace-style home presents an outstanding opportunity for buyers with vision. Spanning a generous footprint (176 sqm) with an elevated urban outlook, this is a home offering great bones, excellent proportions, and genuine scope to add value through renovation. Configured across multiple levels, the layout provides natural separation between living areas and flexible spaces, with outdoor areas offering further potential to enhance and personalise. Add to this a unique opportunity for small business owners seeking a combined residential and office or showroom setup with independent road-front access. This is a classic do-up opportunity. Other renovations in complex have included reworking lower levels, creating additional living or bedroom space, or enhancing flexibility for work-from-home or extended living arrangements. • FREEHOLD Title • 176 sqm (more or less*) • Two Bedrooms • Two Utility Rooms (currently configured as a bedroom and shop/showroom) • One Bathroom + One Toilet/Washroom • Internally Accessed Double Garage Complex Facilities • Resort Style Swimming Pool • Gym Income • Currently Rented at $815 per week fixed until February 2026. (tenant would love to stay on - vacant possession available) • Rent Appraisal $900 to $950 per week (as is), $1,050 to $1,100 per week (with light renovation - carpet, paint) Securely gated and immaculately maintained, the complex features a tropical-style pool and on-site gym. Location wise, you are an easy stroll to West Lynn village and Grey Lynn Park with Ponsonby and CBD reachable by foot but only minutes away by bus which stops on your doorstep. Extremely well maintained complex, outstanding location, and full of potential, opportunities like this in Grey Lynn are increasingly rare. If you have been waiting for a property where you can truly make your mark and add value, this is one worth inspecting. Contact us today for a full information pack, to arrange a viewing or discuss placing an offer. *Size is as per Auckland Council website and could be more or less.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
176 m² floor area
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Grey Lynn over the last 12 months, the estimated median property value of 4/386 Richmond Road is $1.07m.

Median value
$1.07m
Estimated value range
$750k - $1.61m
Median days on market
37
Estimated value trend
27%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Grey Lynn. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/386 Richmond Road

2026
Sold
$1,060,000
28 Jan 2026 by Chris Cairns, of Ray White Auckland Central (A T Realty Group)

Happy sellers in Grey Lynn

77%
77% of sellers in Grey Lynn reported that their sale price either exceeded or met their price expectations.

Grey Lynn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Grey Lynn over the last 12 months.

Local market activity for 2 bedroom townhouses in Grey Lynn

In the last 12 months, 4 two-bedroom townhouses similar to 4/386 Richmond Road, have been sold.

This represents a 17% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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