313 Rosebank Road, Avondale, Auckland

Located at 313 Rosebank Road, Avondale, Auckland - City, this industrial warehousing property boasts a substantial floor area of 2989 square meters and sits on a generous land area of 6294 square meters. Constructed in 2019 with concrete walls and an iron roof, both in good condition, this freehold property offers 36 car parks, making it an ideal choice for businesses in need of ample parking space. The property's strategic location and robust construction underscore its appeal to industrial and warehousing operations.

Over the years, the property has seen a significant increase in its capital value, growing from $7,400,000 in July 2017 to $12,750,000 in June 2021, marking a 72.3% increase. This growth trajectory is further evidenced by its latest sale price of $15,250,000 on February 29, 2024, and a HouGarden AVM of $12,540,000, highlighting the property's substantial appreciation in value and investment potential.

The property is zoned for Rosebank School (decile 2), Avondale Intermediate (decile 2), and Avondale College (decile 4), offering a range of educational options for families. Despite the lower decile ratings, these schools provide diverse learning environments and are conveniently located, ensuring easy access for students and families in the area.