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76 Ossie James Drive, Rukuhia, Waipa, 0 Bedrooms, 0 Bathrooms

Sold: $2,095,000

Sold on 2024 Year 2024 Month 08 Day 22

76 Ossie James Drive, Rukuhia, Waipa

641m2
2977m2

Nestled at 76 Ossie James Drive, Rukuhia, Waipa, this industrial masterpiece boasts a freehold title on a sprawling 2,977sqm lot. The 2019-built property features mixed materials for the walls and an iron roof, both in good condition. It includes a high-spec apartment, office, warehouse, and yard, with a floor area of 641sqm. The property's capital value has seen a meteoric rise from $1,080,000 in 2019 to $2,070,000 as of 2022, indicating a 91.67% increase. The latest sales were recorded at $2,095,000 in 2024 and $1,950,000 in 2020, while the HouGarden AVM estimates the property at $1,985,000. Currently returning $70,000pa + GST net, this property offers flexibility for occupation or investment. The apartment is a luxurious 180sqm haven with double glazing and a large balcony overlooking the runway, truly an entertainer's dream. In terms of education, Rukuhia School, a full primary with a decile rating of 8, is in the zone.

Hamilton Airport's live and work opportunity is further enhanced by its strategic location within the Golden Triangle's thriving economy, offering easy access to air and road transport infrastructure. The short-term leases provide future owners with the freedom to utilize the property to its full potential.

For families, the school zone is a significant plus, with Rukuhia School's high rating and proximity making it an ideal property for those with educational priorities.

Updated on October 09, 2024

Council Data

Last update : 2025 01 29
Improvement value$900,000Increased by 136% from year 2019
Land value$1,170,000Increased by 67% from year 2019
CV(Year 2022 Month 08)$2,070,000Increased by 91% from year 2019
Land area2977m²
Floor area641m²
Decade of construction2019
Title754449
Type of titleFreehold
Legal descriptionLOT 1 DP 502976
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 502976,2977m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rukuhia School
3.60 km
Primary
1-8
Government
Co-Educational
EQI: 420
8

Property history

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For developers

Unitary plan:-
Land:2977m²
Title:Freehold

Surrounding facilities

Ossie James Drive Neighborhood and Surrounding Data

Mortgage

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