13/74 Westpoint Drive, Hobsonville, Auckland - Waitakere

Nestled in the thriving business hub of Hobsonville, this 95m2 industrial unit at The Foundry complex is a gem for aspiring entrepreneurs. Constructed in 2023 with a solid concrete exterior and iron roofing, it boasts a modern design and good condition. As a unit title property, it includes two carparks and is equipped with fibre broadband and an electric roller door. Notably, the 6m stud height adds to its appeal. The latest government capital value assessment pegs it at $570,000, while the HouGarden AVM estimates it at $562,500. The property's value has shown a significant increase since the last sale on June 2, 2020, for $603,750. This is an ideal opportunity for owner-occupiers looking to enter the market under the $1 million mark.

On the valuation front, the property has seen a substantial capital value growth, reflecting a promising investment prospect. The recent sale history and AVM figures indicate a healthy market interest in the property, making it an attractive option for buyers.

For families, the property falls within the zones of esteemed schools. The Hobsonville School, a full primary with a decile rating of 7, and Hobsonville Point Secondary School, a secondary school with a perfect decile rating of 10, are among the highlights. St Paul's School in Massey, a contributing school with a decile rating of 4, is also in close proximity. This combination of quality education and a strategically located property makes it a perfect blend for both personal and investment purposes.

Updated on November 28, 2024