Located at 1/15 Saleyards Road, Otahuhu, Auckland - City, this industrial property offers a unique blend of features for businesses looking for light manufacturing space. The property, built in 1986, spans a floor area of 443m2, with concrete walls and an iron roof, both in good condition. Despite having no bedrooms, bathrooms, or land area, and zero car parks, its Unit Title ownership and strategic location minutes away from Mt Wellington, Penrose, Mangere, and Papatoetoe make it highly desirable. The local cafe next door adds to its appeal, along with key features such as a high stud warehouse, showroom, office and storage space, and amenities including a kitchen and bathroom.
Over the years, the capital value of this property has seen significant growth, from $940,000 on July 1, 2017, to $1,180,000 on June 1, 2021, marking a 25.53% increase. The HouGarden AVM estimates its value at $1,160,000. Its sale history reflects its rising value, with the latest sale on February 28, 2024, at $1,285,000, up from $1,025,000 on August 12, 2020. This demonstrates a robust demand and a solid investment opportunity.
For educational needs, the property falls within the zone of Otahuhu College, a secondary school catering to Year 9-15 students with a decile rating of 1. This location offers a blend of industrial utility and access to educational facilities, making it a strategic choice for businesses and investors alike.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 3 | 1 | -m2 | 2024 06 20 | $1,070,000 | Council approved | |
0.20 km | 10 | 5 | 500m2 | 2024 04 01 | $2,260,000 | Council approved | ||
0.31 km | 6 | 176m2 | 2024 03 24 | $997,000 | Council approved | |||
0.20 km | 10 | 500m2 | 2024 02 28 | $2,260,000 | Council approved | |||
 | 0.19 km | 3 | 1 | 94m2 | 2024 01 25 | $850,000 | Council approved |