Located at 6/16 Bassant Avenue, Penrose, Auckland - City, this industrial warehousing property stands out with its unique characteristics. The building, constructed in 1970, features iron walls and roofing, both in good condition, ensuring durability and longevity. Spanning a floor area of 93 square meters, it is designed to accommodate a variety of industrial needs. Although it does not include land area or car parks, and the number of bedrooms is unspecified, it does house 1 bathroom, catering to basic necessities. The property is held under a Unit Title ownership, indicating a shared interest in the property's common areas.
As of June 1, 2021, the capital value (CV) was recorded at $450,000. The latest sale, dated October 6, 2023, saw the property fetching $979,500, showcasing a significant appreciation in value, which reflects the property's potential for investment and growth in the industrial sector of Auckland City.
While specific school zone information and decile ratings are not provided for this industrial property, its strategic location in Penrose, a key industrial and commercial hub of Auckland, suggests convenience and accessibility for businesses and employees alike.