Westgate, Auckland - Waitakere

Located in the bustling area of Westgate, Auckland - Waitakere, this commercial property stands on a substantial land area of 7806 square meters. Despite its vast size, the building specifics such as bedrooms, bathrooms, and floor area are not specified, indicating its vacant status and potential for development. The property is under leasehold ownership, a crucial detail for investors considering long-term value and usage. The construction details of the property, including the roof and walls, remain unknown, presenting a blank canvas for potential buyers.

The property has seen a significant increase in capital value, from $6,050,000 on June 1, 2021, to a recent sale price of $8,550,000 on September 13, 2022. This sharp rise reflects the property's growing value in a competitive market, marking an impressive capital value growth that signals a lucrative investment opportunity.

While the property does not directly relate to school zones or educational ratings, its commercial nature and location in Westgate offer potential for businesses looking to capitalize on the area's development and demographic growth. The absence of specific school zone information underscores its primary commercial appeal.