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Sold: Sold price unknown

Sold on 2024 Year 2024 Month 06 Day 14

8/76 Rotu Drive, Westgate, Auckland - Waitakere

1
92m2

Nestled in a prime industrial zone of Westgate, Auckland, this 92m2 light industrial unit at 8/76 Rotu Drive boasts a unit title and is a shining example of quality craftsmanship. The exterior is clad in mixed materials, while the roof is made of iron, both in good condition. This recently built unit, with its modern amenities, includes a kitchenette, accessible toilet and shower, and a mezzanine floor that effectively contains workshop noise. The highlight is the 15m2 balcony overlooking undeveloped wetlands, perfect for a weekend unwind. With a CV of $590,000 as of June 2021, this property is not just about the space; it's about the potential for growth. The property's capital value has seen a significant increase, reflecting a promising investment opportunity.

History shows a consistent rise in government valuations, with the HouGarden AVM estimating the property at $547,500. Recent sales in the area affirm the upward trend in property values. This unit presents a chance to enter a market with a clear trajectory of growth. The vendor is highly motivated, offering flexible terms and a price that invites serious inquiries over $600,000 plus GST.

For families, the added bonus is the property's location within a desirable school zone. The nearby schools boast impressive decile ratings, ensuring quality education for children. This property is not just a smart investment; it's a step towards a brighter future.

Updated on June 19, 2024

Council Data

Last update : 2024 07 03
Improvement value$385,000
Land value$205,000
CV(Year 2021 Month 06)$590,000
Floor area92m²
Decade of construction2024
Title1156315
Type of titleUnit Title
Legal descriptionUNIT 8 DP 596909 AU30
CouncilAuckland - Waitakere
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 8 DEPOSITED PLAN 596909 AND ACCESSORY UNIT 30 DEPOSITED PLAN 596909
ConstructionExternal Walls: Mixed Materials Roof: Iron
ConditionExternal Walls: Good Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Massey-Redhills Primary School (Proposed opening date: 2026-01-01)
0.32 km
Primary
1-8
Government
Unknown
-
-
St Paul's School (Massey)
1.37 km
Primary
1-6
Government
Co-Educational
EQI: 404
4
West Harbour School
2.10 km
Primary
1-8
Government
Co-Educational
EQI: 499
2
Timatanga Community School
2.16 km
Primary
1-8
Government
Co-Educational
EQI: 397
6
Royal Road School
2.33 km
Primary
1-8
Government
Co-Educational
EQI: 503
2
Massey Primary School
2.64 km
Primary
1-8
Government
Co-Educational
EQI: 499
3
Massey High School
2.90 km
Secondary
9-15
Government
Co-Educational
EQI: 485
4
Whenuapai School
2.97 km
Primary
1-8
Government
Co-Educational
EQI: 405
9
Hobsonville School
3.43 km
Primary
1-8
Government
Co-Educational
EQI: 402
7
Colwill School Massey
3.49 km
Primary
1-8
Government
Co-Educational
EQI: 508
2

Property history

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For developers

Unitary plan:-
Land:-
Title:Unit Title
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.24 km
2
1
97m2
Year 2024 Month 04 Day 15
$800,000
Council approved
4 Jashi Lane
0.36 km
3
2
-m2
Year 2024 Month 04 Day 01
$915,000
Council approved
0.14 km
3
114m2
Year 2024 Month 03 Day 26
$885,000
Council approved
14 Jashi Lane
0.22 km
3
2
-m2
Year 2024 Month 03 Day 01
$910,000
Council approved
0.36 km
3
130m2
Year 2024 Month 02 Day 16
$915,000
Council approved

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