29/11 Northside Drive, Westgate, Auckland - Waitakere

Located in the bustling heart of Westgate, the industrial unit at 29/11 Northside Drive offers a unique investment opportunity. This property, part of the Ironworks development, is minutes away from major retail outlets such as Costco and Mitre 10 MEGA, as well as the Northwest Shopping Centre. The unit boasts a floor area of approximately 37m2, constructed with concrete walls and an iron roof, both in good condition. Designed for modern needs, it features a high-speed broadband connection and is monitored by CCTV, ensuring security within the development. The property is categorized under 'Industrial - Service' and holds a Unit Title ownership, making it an ideal choice for investors looking for premium quality construction in a prime location.

The property's capital value has seen significant growth, with an initial government valuation (CV) of $295,000 in June 2021, and a recent sale fetching $380,000 in February 2024. This marks a notable increase, highlighting the property's investment potential. The HouGarden AVM estimates the property's value at $290,000, further underscoring its appeal in the current market.

Situated within a strategic school zone, the property offers access to educational institutions catering to a range of age groups. Massey High School, a secondary institution with a decile rating of 4, Whenuapai School (Temp Extension), a full primary school with a high decile of 9, and St Paul's School (Massey), a contributing primary school with a decile of 4, are all part of the property's school zone. This diverse educational environment adds to the property's attractiveness for potential investors or businesses considering the broader community benefits.