Nestled at 19/11 Northside Drive in the bustling heart of Westgate, Auckland, this industrial service unit boasts a floor area of 51m2 with approximately 40m2 of usable space and a mezzanine area of 17m2. Constructed with iron for the roof and concrete for the walls, this 2024-built property is in good condition both inside and out. It features a single bathroom, one car park, and is governed by a Unit Title. The property's capital value as of June 2021 stands at $330,000, reflecting a rapid appreciation potential. The site is level, and the location is prime, with easy access to Costco, Mitre 10 MEGA, and the Northwest Shopping Centre.
History shows a promising trend with the HouGarden AVM estimating the property's worth at $335,000, and the latest sale on August 27, 2024, at $280,000. This indicates a significant capital value increase percentage, making it an attractive investment. The property is situated in a desirable school zone, with Massey High School (Decile 4) catering to secondary students, Whenuapai School (Temp Extension) achieving a high Decile 9 rating for full primary education, and St Paul's School (Massey) offering a contributing primary education, also at Decile 4.
For families seeking quality education within a thriving community, this property not only offers convenience but also a promising return on investment. The added benefits of high-speed broadband and CCTV coverage within the development enhance the unit's appeal, making it a prime candidate for any industrial investor or business looking for a well-located and secure property in a growth area.
Updated on September 18, 2024