Nestled at 4/4 Graham Road, Conifer Grove, Auckland - Papakura, this impressive office space is a prime example of commercial real estate. With a Unit Title ownership, the property was built in 1995 and features mixed materials for the walls and an iron roof, both in good condition. It offers a floor area of 245sqm and is strategically located in a quiet cul-de-sac, enhancing its appeal. The capital value has seen a significant increase from $450,000 in 2017 to $550,000 as of June 2021, reflecting a growth of 22.22%. The latest sale was recorded at $538,000 in 2024, showing a marked rise from the previous sale of $390,000 in 2018. The HouGarden AVM estimates the property's value at $542,500.
For families, the property falls within the zones of Rosehill Intermediate with a decile rating of 3, Rosehill College (Year 9-15) with a decile rating of 5, and Conifer Grove School, a full primary with a decile rating of 4. This not only ensures quality education options but also adds to the property's investment potential.
With a previously leased history to LJ Hooker Takanini and currently vacant, the office presents immediate occupancy or leasing opportunities. Investors and occupiers alike will appreciate the fully fit-out office space designed for a real estate agency, complete with multiple individual offices and meeting rooms. The location, just minutes from the motorway interchange and in the heart of Takanini's bustling commercial district, offers high visibility and unparalleled convenience.
Updated on November 27, 2024