898 Great South Road, Penrose, Auckland

Nestled at the prestigious corner of Great South Road in Penrose, Auckland, this freehold property boasts a spacious floor area of 1140 sqm on a generous land of 1467 sqm. Constructed in 1970 with wood exterior walls and a mixed-material roof, both in good condition, the property presents an opportunity for refurbishment or redevelopment. The property, valued at $3,100,000 as per the latest government valuation in June 2021, has seen a remarkable CV increase of 45.88% since July 2017. Historically, it was sold for $1,000,000 in March 2006 and recently for $3,810,000 in September 2024, with the HouGarden AVM estimating its worth at $3,072,500. This property's highlights include dual access from Great South Road and Sims Road, prime visibility with over 28,000 cars passing daily, and potential for occupiers to tailor the layout to their needs, combining warehouse, showroom, and office spaces. For families, the property falls within the zones of Baradene College (decile 9), Te Papapa School (decile 2), and One Tree Hill College (decile 3), ensuring quality education options.

Updated on November 06, 2024