Nestled at 42b John Spencer Way in the serene Rukuhia, Waipa, this industrial property is built with durability in mind, featuring iron walls and roof, both in good condition. The unit, constructed in 2024, offers a generous floor area of 278 square meters under a Unit Title ownership. Its strategic location and modern facilities make it a valuable investment opportunity.
With a current Capital Value (CV) of $890,000 as of August 2022, the property has shown a significant increase in value, evident from the latest sales history where it fetched $910,000 on October 25, 2024, and $884,000 on November 1, 2021. The HouGarden AVM estimates the property's worth at $815,000, underlining its potential for further appreciation.
For families considering the property, the school zone is a key highlight. With a decile rating that reflects a high standard of education, the nearby schools are an added advantage to this already attractive property.
Updated on December 18, 2024