Located at 7/4 William Pickering Drive, Rosedale, Auckland - North Shore, this industrial service property offers a unique investment or leasing opportunity. The building, constructed in 1990 with concrete walls and an iron roof, is in good condition. It features a floor area of 100m², including office space and high and low stud warehouses, and comes with 2 car parks. The property is under a Unit Title ownership.
Over the years, the capital value of this property has seen significant growth, from $350,000 in July 2017 to $520,000 in June 2021, marking a 48.57% increase. The HouGarden AVM estimates its value at $510,000, while the latest sale in February 2024 was for $725,000, highlighting its investment potential.
The property is zoned for top-rated schools, including Albany Senior High School, Albany School, and Albany Junior High School, all with high decile ratings of 10 and 9, respectively. This location offers great exposure and is conveniently close to motorway interchanges, cafes, eateries, and the Albany Westfield mall, making it an attractive option for businesses seeking visibility and accessibility.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.62 km | 0 | 0 | 0m2 | Year 2025 Month 01 Day 01 | - | Council approved | |
 | 0.61 km | 4 | 2 | 208m2 | Year 2024 Month 11 Day 10 | $1,085,000 | Council approved | |
 | 0.54 km | 3 | 3 | 125m2 | Year 2024 Month 11 Day 01 | $845,000 | Council approved | |
 | 0.65 km | 4 | 2 | 198m2 | Year 2024 Month 10 Day 10 | - | Council approved | |
 | 0.56 km | 2 | 1 | 100m2 | Year 2024 Month 09 Day 20 | $955,000 | Council approved |