135 Dendro Ring Road, Wainui, Auckland - Rodney

Located at 135 Dendro Ring Road, Wainui, Auckland - Rodney, this commercial property presents a unique investment opportunity. The property, categorized as 'Commercial - Vacant', spans a generous land area of 1257 square meters. It features 1 bathroom but does not specify the number of bedrooms or provide details about the floor area. Parking facilities are not included. The property boasts a freehold ownership type, ensuring complete control over the land. However, details regarding the roof and wall construction, as well as their condition, remain unspecified, indicating a potential area for customization or development. The property is situated on level ground, offering ease of access and development flexibility.

The property's capital value as of June 1, 2021, was $1,130,000. The latest sale recorded on November 3, 2021, was at $1,120,461, closely aligning with the HouGarden AVM estimate of $1,112,500. This indicates a stable market valuation and suggests potential for capital value growth.

In terms of education, the property falls within the zones for Orewa College, a secondary school (Year 7-15) with a high decile rating of 9, and Ahutoetoe School, a contributing school with a decile rating not specified. These schools offer quality education options, adding to the property's appeal for potential development that caters to families.