Nestled in the serene Kumeu locale of Auckland, this industrial vacant land at 196 Main Road boasts a freehold title over an area of approximately 3,420m2. With an unknown roof and wall construction, this property presents a unique opportunity for owner-occupiers seeking a practical yard or a prime building site. The land, situated in a level contour, is ideal for development given the heightened demand for industrial land in the region.
Since the latest sale in 2024, the property has seen a significant increase in its government valuation, from $1,825,000 in 2017 to $2,725,000 as of June 2021, marking a growth of 49.32%. The HouGarden AVM estimates the property's value at $2,610,000, while the latest sale history shows a sale price of $1,750,000 in August 2024 and $600,000 in April 1999.
For families, the property falls within the zones of Massey High School (Decile 4), Matua Ngaru School (Decile 9), and St Paul's School (Massey) - all reputable educational institutions. This combination of a prime location, potential for growth, and access to quality education makes it an attractive prospect priced to sell.
Updated on October 21, 2024