6 Sawmill Road, Riverhead, Auckland - Rodney

Nestled in the serene environment of 6 Sawmill Road, Riverhead, Auckland, this Industrial-Service property boasts a freehold title with a total land area of 4,773sqm. Constructed with iron for both the walls and roof, this property is designed to stand the test of time with a building age of 2024, boasting good wall and roof conditions. The site is divided into two terraces, offering a versatile layout with a lower metal yard and sheds, and a higher terrace with a workshop and yard. The property includes 5 carparks and a floor area of 240sqm, sitting on a contour that has an easy to moderate fall. This is an ideal opportunity for owner occupiers and investors looking to capitalize in one of Auckland's demographically strong growth areas.

As per the latest records, the property's capital value has seen a decrease of 29.06% from $1,325,000 in 2017 to $940,000 in 2021. However, the HouGarden AVM estimates the property's value at $1,270,000. The latest sale history is impressive, with a sale price of $1,875,000 in 2024 and $525,000 in 2019. This indicates a significant growth potential for the right buyer.

For families with children, the property falls within the catchment area of several reputable schools. Massey High School, a secondary school with a decile rating of 4, is in close proximity. Matua Ngaru School and Riverhead School, both full primary schools with a decile rating of 9, are also accessible. St Paul's School in Massey, a contributing primary school with a decile rating of 4, adds to the list of educational options.

Updated on October 16, 2024