Nestled in a prime industrial zone of Westgate, Auckland, this 92m2 light industrial unit at 8/76 Rotu Drive boasts a unit title and is a shining example of quality craftsmanship. The exterior is clad in mixed materials, while the roof is made of iron, both in good condition. This recently built unit, with its modern amenities, includes a kitchenette, accessible toilet and shower, and a mezzanine floor that effectively contains workshop noise. The highlight is the 15m2 balcony overlooking undeveloped wetlands, perfect for a weekend unwind. With a CV of $590,000 as of June 2021, this property is not just about the space; it's about the potential for growth. The property's capital value has seen a significant increase, reflecting a promising investment opportunity.
History shows a consistent rise in government valuations, with the HouGarden AVM estimating the property at $547,500. Recent sales in the area affirm the upward trend in property values. This unit presents a chance to enter a market with a clear trajectory of growth. The vendor is highly motivated, offering flexible terms and a price that invites serious inquiries over $600,000 plus GST.
For families, the added bonus is the property's location within a desirable school zone. The nearby schools boast impressive decile ratings, ensuring quality education for children. This property is not just a smart investment; it's a step towards a brighter future.
Updated on June 19, 2024