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Sold: $910,000

Sold on 2024 Year 2024 Month 10 Day 25

42b John Spencer Way, Rukuhia, Waipa

278m2

Nestled at 42b John Spencer Way in the serene Rukuhia, Waipa, this industrial property is built with durability in mind, featuring iron walls and roof, both in good condition. The unit, constructed in 2024, offers a generous floor area of 278 square meters under a Unit Title ownership. Its strategic location and modern facilities make it a valuable investment opportunity.

With a current Capital Value (CV) of $890,000 as of August 2022, the property has shown a significant increase in value, evident from the latest sales history where it fetched $910,000 on October 25, 2024, and $884,000 on November 1, 2021. The HouGarden AVM estimates the property's worth at $815,000, underlining its potential for further appreciation.

For families considering the property, the school zone is a key highlight. With a decile rating that reflects a high standard of education, the nearby schools are an added advantage to this already attractive property.

Updated on December 18, 2024

Council Data

Last update : 2025 02 19
Improvement value$590,000
Land value$300,000
CV(Year 2022 Month 08)$890,000
Floor area278m²
Decade of construction2024
Title1101485
Type of titleUnit Title
Legal descriptionACC 6A DP 584878, ACC 6B DP 584878, ACC 6C DP 584878, PDU 6 DP 584878
CouncilWaipa
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 6 DEPOSITED PLAN 584878 AND ACCESSORY UNIT 6A, 6B, 6C DEPOSITED PLAN 584878
ConstructionExternal Walls: Iron
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rukuhia School
3.67 km
Primary
1-8
Government
Co-Educational
EQI: 420
8
Ohaupo School
4.14 km
Primary
1-8
Government
Co-Educational
EQI: 427
8
Kaipaki School
4.82 km
Primary
1-8
Government
Co-Educational
EQI: 432
8
Tamahere Model Country School
5.26 km
Primary
1-6
Government
Co-Educational
EQI: 368
10

Property history

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Unitary plan:-
Land:-
Title:Unit Title

Surrounding facilities

John Spencer Way Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
330A Pencarrow Road, Tamahere
2.34 km
5
3
220m2
Year 2024 Month 12 Day 21
-
Council approved
125 Tarr Road, Ohaupo
1.47 km
3
1
140m2
Year 2024 Month 11 Day 20
$900,000
Council approved
38 Narrows Road, Rukuhia
2.44 km
4
2
180m2
Year 2024 Month 11 Day 14
$1,200,000
Council approved
278 Pencarrow Road, Tamahere
2.44 km
4
2
245m2
Year 2024 Month 10 Day 02
$1,750,000
Council approved
298b Pencarrow Road, Tamahere
2.35 km
5
345m2
Year 2024 Month 08 Day 30
$2,350,000
Council approved

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