342a Neilson Street, Penrose, Auckland

Nestled at 342a Neilson Street, Penrose, Auckland, this industrial-light manufacturing property is governed by a Unit Title. Constructed in 1960 with average condition concrete walls and an iron roof, it boasts a floor area of 279 square meters. The property's capital value has seen a rapid increase from $610,000 in July 2017 to $870,000 as of June 2021, reflecting a growth rate of 42.62%. The latest sale records indicate a transaction of $1,070,000 in September 2024, a significant jump from the $400,000 sale in October 2010. The HouGarden AVM estimates the property's value at $835,000.

With no specified number of bedrooms or bathrooms, and no carparks mentioned, this property's allure lies in its potential and prime location. The property is situated in a quiet cul-de-sac, ensuring peace and privacy.

As for the school zone, it falls within the catchment area of Baradene College, a secondary school with a decile rating of 9. Additionally, Te Papapa School, a contributing primary with a decile rating of 2, and One Tree Hill College, a secondary school with a decile rating of 3, are also in close proximity.

Updated on October 16, 2024