Nestled on a freehold lot at 59 Hayr Road in the tranquil Three Kings suburb of Auckland, this light industrial property, built in 1950, boasts mixed materials for both its roof and exterior walls, which are in average condition. The property spans a floor area of 142 square meters and is set on a generous land area of 357 square meters. With no specified number of bedrooms or bathrooms, and no carparks mentioned, this property presents a versatile opportunity for potential investors.
As per the government's valuation, the capital value has seen a remarkable increase from $360,000 in July 2017 to $720,000 as of June 2021, indicating a 100% growth. The HouGarden AVM estimates the property's value at $725,000, while the latest sale records show transactions at $720,000 in October 2021 and $700,000 in July 2024, reflecting a stable market presence.
For families with educational considerations, the property falls within the zones of several reputable schools. Mt Roskill Grammar, a secondary school with a decile rating of 4, Mt Roskill Intermediate, also with a decile of 4, and Mt Roskill Primary School with a decile of 3, cater to various educational levels. Additionally, Three Kings School, a contributing school with a decile rating of 7, provides further options for quality education.
Updated on September 18, 2024