8/236 Great South Road, Drury, Auckland - Papakura

Nestled in the highly sought after location of 8/236 Great South Road, Drury, Auckland - Papakura, this industrial service unit boasts a versatile Mixed-Use zoning with a 125sqm floor area and 2 carparks. Constructed in 2003 with iron walls and roof in good condition, the property has undergone recent refurbishment. It features a 75sqm warehouse with a reception area and 25sqm upstairs office, complemented by three on-site car parks, LED lighting, air conditioning, and a security system. The property's Capital Value (CV) has seen a significant increase of 48.39% from $310,000 in 2017 to $460,000 as of 2021. The HouGarden AVM estimates it at $450,000, while the latest sale history shows a transaction of $585,000 in 2024 and $265,000 in 2015. This unit is in a prime position, just 650m from the Drury interchange off State Highway 1.

As for the government's valuation and market trends, the property's rising CV and the latest sale prices reflect a promising investment opportunity. The unit's convenient location and well-maintained condition make it an attractive prospect for potential buyers.

Educationally, the property falls within the zones of Rosehill College, a secondary school with a decile rating of 5, and Drury School, a full primary school with a higher decile rating of 7. These institutions add to the appeal of the property, making it an ideal choice for families.

Updated on August 14, 2024