31 Moa Street, Otahuhu, Auckland

Nestled in the heart of Otahuhu, Auckland, this Freehold property at 31 Moa Street boasts an impressive industrial - light manufacturing setup. Constructed in 1970 with solid brick walls and an iron roof, both in good condition, the property features a floor area of 848sqm and is set on a land area of 971sqm. The recent refurbishment has transformed the space into a modern office/warehouse combination, with approximately 600sqm of clear span warehouse and 250sqm of office/amenities split over two levels, complete with three phase power. The property's Capital Value (CV) has seen a growth of 27.27% from $1,650,000 in 2017 to $2,100,000 as of 2021, reflecting its investment potential. The latest sales history shows transactions at $2,600,000 in 2024 and $2,725,000 in 2022, while the HouGarden AVM estimates the property's value at $2,110,000.

Located in a prime industrial belt, Otahuhu is 14km southeast of the Auckland CBD and is part of a well-established industrial hub. The property benefits from excellent transportation links, with a major bus interchange and train station nearby, as well as easy access to SH1 and SH20, facilitating efficient travel to the airport and the wider Auckland region. Moreover, the property falls within the Otahuhu College zone, a secondary school with a decile rating of 1.

With such a strategic location, robust infrastructure, and promising investment returns, this refurbished property is ready for occupancy and offers a golden opportunity for businesses looking to establish or expand their presence in the region.

Updated on September 11, 2024