Nestled in the tranquil cul-de-sac of 1 Southgate Place, Henderson, Auckland, this industrial-warehousing gem boasts a 689 sqm freehold title. Constructed in 1974 with robust concrete walls and an iron roof in good condition, the property spans a floor area of 410 sqm. The capital value has seen a rapid increase, jumping from $730,000 in July 2017 to $1,475,000 as of June 2021, reflecting a growth rate of 102.05%. Currently tenanted, the property generates a net annual income of $87,470, with a lease in place until May 2026, offering a further 2-year renewal option.
Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $1,485,000. The latest sale records from September 2024 indicate a transaction at the CV price of $1,475,000, following a previous sale in July 2022 for $1,300,000. This indicates a healthy appreciation in the property's market value.
For families, the property falls within the zones of the well-regarded Bruce McLaren Intermediate School (Decile 2), Henderson High School (Decile 3), and Henderson South School (Decile 2), ensuring access to quality education.
Updated on October 02, 2024
Address ng Kalye | Distansya | Bilang ng Kwarto | Bilang ng Banyo | Sukat ng Gusali | Oras ng Pagkabenta | Presyo ng Pagkabenta | Pinagmulan ng Data | |
|---|---|---|---|---|---|---|---|---|
 | 0.40 km | 4 | 2 | 0m2 | 2025 taon 02 buwan 22 araw | $1,270,000 | Council approved | |
 | 0.40 km | 3 | 1 | 90m2 | 2024 taon 12 buwan 01 araw | $1,180,000 | Council approved | |
 | 0.40 km | 2 | 1 | -m2 | 2024 taon 12 buwan 01 araw | $610,000 | Council approved | |
0.39 km | 2 | 1 | 80m2 | 2024 taon 11 buwan 24 araw | $610,000 | Council approved | ||
0.38 km | 2 | 1 | 80m2 | 2024 taon 11 buwan 18 araw | $620,000 | Council approved |