Nestled at 4 Port Albert Road, Wellsford, Auckland - Rodney, this commercial-retail property is set on a freehold lot with a mixed condition concrete exterior and iron roof, built in the year 1950. It boasts a spacious floor area of 863 square meters and a vast land area of 1932 square meters, complete with 25 carparks. The property's capital value has remained stable since 2017, indicating a reliable investment opportunity.
According to the latest records, the property's capital value as of June 2021 is $1,475,000, with no increase from the valuation in July 2017. The HouGarden AVM estimates the property's worth at $1,417,500, while the latest sale was recorded on August 29, 2024, at $1,650,000, showing a significant leap from the previous sale in May 1991, which was also $1,650,000.
For families with educational considerations, the property falls within the zones of Rodney College, a secondary school with a decile rating of 4, and Wellsford School, a full primary school with a decile rating of 3, ensuring quality education options for the community.
Updated on October 16, 2024