Nestled in the heart of Mount Eden, Auckland, this mixed-use investment opportunity is a rare gem, boasting a rapidly expanding solar business as its sole tenant. Constructed in 1999 with concrete walls and an iron roof, both in good condition, the property at 2/19 Edwin Street is a quiet cul-de-sac that offers a 590m2 building. It features a two-floor office area at the front and a functional industrial warehouse at the back, complete with on-grade roller door access. As a Unit Title property, it includes a generous 8 carparks and is minutes away from the CBD and motorway access. Notably, the upcoming CRL and Mt Eden station will enhance the property's value. The government's capital value (CV) has seen a slight decrease from $2,875,000 in 2017 to $2,800,000 as of 2021, yet the HouGarden AVM estimates it at $2,675,000. The latest sales were $2,850,000 in 2024 and $2,750,000 in 2020, indicating a stable market. For investors, a five-year lease with Lightforce, a business with over 80 staff, guarantees an annual net rental of $190,000 + GST. Education-wise, the property falls within the zones of Auckland Grammar (Decile 9), Newmarket School (Decile 7), Auckland Normal Intermediate (Decile 9), and Auckland Girls' Grammar School (Decile 3), making it an attractive prospect for families.
Updated on July 11, 2024
सड़क का पता | दूरी | शयनकक्ष संख्या | स्नानघर संख्या | निर्माण क्षेत्र | बिक्री तिथि और समय | बेची गई कीमत | डेटा स्रोत | |
|---|---|---|---|---|---|---|---|---|
 | 0.03 km | 3 | 1 | 122m2 | 2024 वर्ष 12 माह 09 दिन | $935,000 | Council approved | |
 | 0.14 km | 2 | 2 | -m2 | 2024 वर्ष 11 माह 14 दिन | - | Council approved | |
 | 0.16 km | 3 | 2 | -m2 | 2024 वर्ष 10 माह 22 दिन | - | Council approved | |
 | 0.12 km | 2 | 1 | -m2 | 2024 वर्ष 09 माह 01 दिन | $935,000 | Council approved | |
 | 0.12 km | 2 | 1 | 82m2 | 2024 वर्ष 08 माह 20 दिन | $935,000 | Council approved |