5/2 Montel Avenue, Henderson, Auckland - Waitakere

Nestled at 5/2 Montel Avenue, Henderson, Auckland, this commercial-retail property is governed by a Unit Title. Constructed in 2003, the building boasts wooden walls and tiled roofing, both in good condition. It spans a floor area of 130 square meters, perfect for retail use in this quiet cul-de-sac. The property has seen a significant increase in capital value, rising from $960,000 in July 2017 to $1,300,000 as of June 2021, marking a growth of 35.42%.

As per the latest sale records, the property exchanged hands for $1,300,000 in September 2024, following a previous sale of $1,230,000 in July 2019. The HouGarden AVM estimates the property's value at $1,245,000, making it an attractive investment in the area.

For families, the property falls within the decile 5 Rutherford College zone, along with Rangeview Intermediate (decile 4), Henderson High School (decile 3), and Henderson School (decile 3), ensuring quality education options for all ages.

Updated on October 16, 2024