107 Oakdale Road, Mount Roskill, Auckland

Nestled on 159m² of Freehold land in the vibrant Neighbourhood Centre of Mount Roskill, this property is a retail gem with a promising investment outlook. Constructed in 1953 with concrete walls and an iron roof, the building stands firm with an average condition, boasting approximately 60m² of floor space, complete with a toilet, kitchenette, and a glass frontage that's perfect for visible signage. The additional 80m² of excess land at the rear and car parking at the front add to its appeal. Historically, the property's Capital Value (CV) has seen a growth of 5.88% from $340,000 in 2017 to $360,000 as of 2021. The HouGarden AVM estimates the property's value at $352,500, while the latest sales were recorded at $160,000 in 2008 and $27,000 in 1998. Educationally, the property falls within the zones of Mt Roskill Grammar (Decile 4), Waikowhai Intermediate (Decile 5), and Hay Park School (Decile 1), ensuring quality education options for the family. This is an opportunity not to be missed, with the added benefit of the nearby Waterview Connection, enhancing accessibility to Auckland's city centre.

Key highlights include: 159m² of Freehold land, a circa 60m² building, 80m² of excess land at the rear, rear access, car parking at the front, and a well-maintained property with dual access.

Set in a prime location, this retail property is priced at $350,000 and is ready for a new chapter.

Updated on August 21, 2024