Nestled at 9 Greenpark Road, Penrose, Auckland, this industrial property boasts a freehold title with a floor area of 653 square meters and a land area of 1136 square meters. Constructed in 1966, the property features mixed materials for both the roof and exterior walls, which are in average condition. It is situated in a quiet cul-de-sac, enhancing the tranquility of this prime piece of real estate.
As for the financials, the capital value has seen a substantial increase from $1,600,000 in July 2017 to $2,400,000 as of June 2021, reflecting a 50% growth. The HouGarden AVM estimates the property's value at $2,302,500, while the latest sale on August 26, 2024, was recorded at $3,200,000, indicating a strong market interest.
For families with educational considerations, the property falls within the zones of several reputable schools. Baradene College, a secondary school with a decile rating of 9, caters to Years 7-15. Oranga School, a contributing primary with a decile rating of 3, and Ellerslie School, a full primary with a decile rating of 9, are also in close proximity. One Tree Hill College, a secondary school for Years 9-15 with a decile rating of 3, rounds off the list of educational options.
Updated on October 09, 2024