Nestled in the heart of East Tamaki, at 4a/9 Laidlaw Way, lies a commercial gem with vast potential. This 85m2 office space, built in 2004, boasts a mixed-material exterior and a robust iron roof, both in good condition. It features 1 bathroom, 1 carpark, and is governed by a Unit Title. The property has seen a significant Capital Value increase of 72.1%, from $230,000 in 2017 to $395,000 as of June 2021. The HouGarden AVM estimates it at $367,500, while the latest sales were recorded at $390,000 in May 2021 and $300,000 in January 2019.
With a lease of $24,000pa and a tenant keen to stay, this property offers a secure investment. Its versatile use ranges from a cozy office for 2-4 people to a bustling workspace for up to 8 staff, with potential to expand. The convenient location, just 5 minutes from SH1 motorway onramps and 4 minutes from Ormiston Town Centre, adds to its appeal.
For families, the property falls within the zones of Tangaroa College (Decile 1) and Sancta Maria College (Decile 7), ensuring quality education options. This property presents an opportunity not to be missed, especially as a mortgagee sale.
Updated on May 24, 2024