Nestled in the heart of Westgate, Auckland, this 71m2 industrial service unit boasts a prime location and modern amenities. Constructed with durable concrete walls and an iron roof, this unit with a unit title ownership is designed for functionality and ease of maintenance, evident in its good wall and roof conditions. It features a single bathroom, one car park, and a flexible floor plan that includes a 59m2 ground floor and a 16m2 mezzanine, perfect for small businesses seeking a combination of office, storage, and distribution space. The property, with a capital value of $475,000 as of June 2021, has seen a 14.74% increase in its HouGarden AVM to $480,000. The latest sale history is notable, with a transaction of $550,000 on August 21, 2024, and a previous sale of $499,500 on November 21, 2020.
With regards to the property’s valuation, the capital value has been on a steady rise, reflecting the area’s growth and desirability. The recent sale prices further validate the investment potential of this property in a rapidly appreciating market.
For families, the property falls within the zones of Massey High School (Decile 4), Whenuapai School (Temp Extension, Decile 9), and St Paul's School (Massey, Decile 4), ensuring access to quality education. This unit is not just a property; it's an opportunity waiting to be seized in a thriving community.
Updated on September 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.68 km | 1 | 1 | 60m2 | Year 2024 Month 12 Day 12 | $480,000 | Council approved | |
0.62 km | 0m2 | Year 2024 Month 11 Day 27 | $507,468 | Council approved | ||||
0.79 km | 0m2 | Year 2024 Month 11 Day 17 | $382,000 | Council approved | ||||
 | 0.15 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 01 | $1,075,000 | Council approved | |
 | 0.78 km | 4 | 3 | 200m2 | Year 2024 Month 08 Day 12 | - | Council approved |