1/90a Hobsonville Road, Hobsonville, Auckland - Waitakere

Nestled in the thriving Hobsonville industrial precinct, this newly constructed unit presents a golden opportunity for investors. Boasting a unit title, the property features 1 bathroom, 2 car parks, and an impressive 83 square meters of floor area. The exterior walls, made of concrete, are in good condition, as is the iron roof. This freehold industrial unit at 1/90a Hobsonville Road is designed to maximize natural lighting with a high-stud roller door, and modern office space over two levels. The property's capital value as of June 2021 stands at $500,000, and it has already seen a significant increase with the latest sale on November 5, 2023, at $530,000. The HouGarden AVM estimates the property's value at $465,000, reflecting a promising investment growth potential.

With regards to the government's valuation history, this property has shown a steady rise in its capital value. The recent sale history and the AVM figures indicate a strong demand for units in this rapidly developing area. The capital value growth percentage is a testament to the potential return on investment for the discerning buyer.

For families, the property falls within the zones of highly regarded schools. 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 notable institutions. Additionally, St Paul's School in Massey, with a decile rating of 4, offers further educational options. This combination of quality education and a rapidly appreciating property makes it an investor's delight.

Updated on May 30, 2024