Nestled on the main approach to Hawarden, this Freehold industrial property on 6 Ocarrolls Road boasts a 90sqm floor area with 2 carparks, and a well-maintained iron exterior - both walls and roof - from 1980. The site spans a generous 723sqm, with a recent CV of $144,000, reflecting a 105.7% increase since 2019. Currently utilized as a light manufacturing workshop, it features two office spaces, a bathroom, and a covered pit - ideal for vehicle-related work. The property's allure has been further enhanced by a recent price adjustment, making it an attractive opportunity for industrial investors or entrepreneurs.
With a HouGarden AVM of $132,500 and a latest sale record of $199,000 in November 2024, the property presents a solid investment prospect. The CV growth history and the recent sale price indicate a strong market value for this property in a quiet industrial cul-de-sac.
For families, the property falls within the catchment of the highly-rated Rangiora New Life School (Decile 9) and the Christchurch Adventist School (Decile 5), ensuring quality education options for the children.
Updated on December 18, 2024