Presenting an almost-new industrial unit at 71/36 Peters Way, Stillwater, Auckland - Rodney, this property is a prime example of a turn-key investment opportunity. Constructed with concrete walls and an iron roof, both in good condition, the unit boasts a floor area of 74sqm, complete with a 19sqm mezzanine and a 55sqm warehouse with a motorised roller door. It includes a bathroom, a carpark, and is equipped with a heat pump for comfort. The unit title property, built in 2022, is zoned for Light Industrial use, and features enhanced security with recently installed gates and 24-hour CCTV surveillance.
As per the valuation history, the property's capital value as of June 2021 stands at $480,000, with a HouGarden AVM estimate of $475,000. Notably, the latest sale records show an increase from $465,000 in December 2021 to $500,000 in October 2024, indicating a significant growth percentage. This is a testament to the property's appeal and investment potential.
For families, the property falls within the Orewa College and Dairy Flat School zones, both highly rated with deciles of 9 and 10 respectively. This ensures access to quality education for children of all ages. Conveniently located in Silverdale, with easy access to the motorway and Hibiscus Coast Highway, this unit is indeed the 'pick of the bunch' for both owner-occupiers and investors.
Updated on November 13, 2024