30 Gillies Street, Cambridge, Waipa

Nestled in a busy locale with convenient truck access, this freehold property at 30 Gillies Street, Cambridge, Waipa, boasts a gross floor area of 773sqm. Constructed in 1970 with robust concrete walls and iron roofing, both in good condition, the building is zoned for industrial use, specifically light manufacturing. It features ample on-site parking and is strategically located near Mitre 10, Cambridge Electrical, Peter Glidden Honda, and Wackrow's Joinery. The versatile property can be occupied by a single large tenant or divided into two tenancies. Notably, the capital value has surged by 91.18% from $1,360,000 in 2019 to $2,600,000 as of 2022, with a HouGarden AVM estimate of $2,615,000. The latest sale history shows transactions at $1,667,500 in 2024 and $1,450,000 in 2019.

For families, the property falls within the decile 9 zone, served by Cambridge High School (Secondary, Year 9-15), Cambridge Middle School (Restricted Composite, Year 7-10), and Cambridge School (Contributing), all offering high-quality education.

Updated on September 18, 2024