Nestled at 21 Kitchener Road, Waiuku, Auckland - Franklin, this industrial property with light manufacturing potential is set on a freehold land. Constructed in 1960 with mixed materials for the walls and iron for the roof, the building presents an average condition both inside and out. Spanning across 401 square meters of floor area and 1649 square meters of land, it offers a spacious layout without specified bedroom or bathroom counts, and no carparks.
Since 2017, the capital value has shown a significant increase of 33.33%, reaching $1,000,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,005,000, while the latest sale records show a transaction of $1,300,000 in July 2024 and $455,000 in March 2007, indicating a robust market trend.
For families, the property falls within the Waiuku College zone, a secondary school catering to Year 9-15 students with a decile rating of 6, reflecting a good standard of education in the area.
Updated on September 11, 2024