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31 Moa Street, Otahuhu, Auckland, 0 Bedrooms, 0 Bathrooms, Industrial Premises

Sold: $2,600,000

Sold on 2024 Year 2024 Month 07 Day 22

31 Moa Street, Otahuhu, Auckland

848m2
971m2

Nestled in the heart of Otahuhu, Auckland, this Freehold property at 31 Moa Street boasts an impressive industrial - light manufacturing setup. Constructed in 1970 with solid brick walls and an iron roof, both in good condition, the property features a floor area of 848sqm and is set on a land area of 971sqm. The recent refurbishment has transformed the space into a modern office/warehouse combination, with approximately 600sqm of clear span warehouse and 250sqm of office/amenities split over two levels, complete with three phase power. The property's Capital Value (CV) has seen a growth of 27.27% from $1,650,000 in 2017 to $2,100,000 as of 2021, reflecting its investment potential. The latest sales history shows transactions at $2,600,000 in 2024 and $2,725,000 in 2022, while the HouGarden AVM estimates the property's value at $2,110,000.

Located in a prime industrial belt, Otahuhu is 14km southeast of the Auckland CBD and is part of a well-established industrial hub. The property benefits from excellent transportation links, with a major bus interchange and train station nearby, as well as easy access to SH1 and SH20, facilitating efficient travel to the airport and the wider Auckland region. Moreover, the property falls within the Otahuhu College zone, a secondary school with a decile rating of 1.

With such a strategic location, robust infrastructure, and promising investment returns, this refurbished property is ready for occupancy and offers a golden opportunity for businesses looking to establish or expand their presence in the region.

Updated on September 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$720,000Reduced by -8% from year 2017
Land value$1,380,000Increased by 60% from year 2017
CV(Year 2021 Month 06)$2,100,000Increased by 27% from year 2017
Land area971m²
Floor area848m²
Decade of construction1970
TitleNA283/251
Type of titleFreehold
Legal descriptionLOT 3 DP 12206
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 12206,971m2
Council rates$12,339.81
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Mixed Use Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Otahuhu College
1.11 km
Secondary
9-15
Government
Co-Educational
EQI: 513
1

Property history

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For developers

Unitary plan:Business - Mixed Use Zone
Land:971m²
Title:Freehold

Surrounding facilities

Moa Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
70 Hall Avenue, Otahuhu
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-m2
Year 2024 Month 08 Day 01
$895,000
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0m2
Year 2024 Month 07 Day 31
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53a Nikau Road, Otahuhu
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1
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Year 2024 Month 07 Day 10
$570,000
Council approved
1/98 Station Road, Otahuhu
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1
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Year 2024 Month 07 Day 09
-
Council approved
1/98 Station Road, Otahuhu
0.13 km
2
1
92m2
Year 2024 Month 06 Day 24
$429,500
Council approved

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