Located at 7/4 William Pickering Drive, Rosedale, Auckland - North Shore, this industrial service property offers a unique investment or leasing opportunity. The building, constructed in 1990 with concrete walls and an iron roof, is in good condition. It features a floor area of 100m², including office space and high and low stud warehouses, and comes with 2 car parks. The property is under a Unit Title ownership.
Over the years, the capital value of this property has seen significant growth, from $350,000 in July 2017 to $520,000 in June 2021, marking a 48.57% increase. The HouGarden AVM estimates its value at $510,000, while the latest sale in February 2024 was for $725,000, highlighting its investment potential.
The property is zoned for top-rated schools, including Albany Senior High School, Albany School, and Albany Junior High School, all with high decile ratings of 10 and 9, respectively. This location offers great exposure and is conveniently close to motorway interchanges, cafes, eateries, and the Albany Westfield mall, making it an attractive option for businesses seeking visibility and accessibility.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.56 km | 2 | 1 | 100m2 | 2024 09 20 | $955,000 | Council approved | |
 | 0.56 km | 3 | 3 | 125m2 | 2024 09 01 | - | Council approved | |
 | 0.52 km | 3 | 118m2 | 2024 08 22 | $845,000 | Council approved | ||
 | 0.57 km | 4 | 2 | -m2 | 2024 07 26 | - | Council approved | |
 | 0.54 km | 3 | 125m2 | 2024 07 15 | $845,000 | Council approved |