12 Titan Place, Silverdale, Auckland - Rodney

Nestled in the serene Silverdale, 12 Titan Place boasts a robust investment opportunity on a 980 Sqm Freehold title. This industrial-service property, built in 1990 with iron walls and roof, presents average conditions and is complemented by 2 car parks and a floor area of 551 Sqm. The site's Capital Value (CV) has seen a staggering growth of 79.10% from $670,000 in 2017 to $1,200,000 as of June 2021. HouGarden's AVM estimates the property at $1,205,000, with the latest sales recorded at $1,150,000 in 2024 and $1,260,000 in 2020.

Investors will be enticed by the consistent cash flow with a tenanted investment generating approximately $123,690 per annum gross. The property's potential is further enhanced by its location in a high-growth area with easy motorway access and promising residential developments nearby. Zoned for Light Industry, this property offers diverse opportunities for redevelopment.

For families, the property falls within the decile 9 Orewa College and decile 10 Silverdale School zones, ensuring top-notch education for children. Whether you seek a sound investment or a base for entrepreneurial endeavors, 12 Titan Place is a golden opportunity in Silverdale's flourishing real estate market.

Updated on September 18, 2024