4/42 Henderson Valley Road, Henderson, Auckland - Waitakere

Located at 4/42 Henderson Valley Road, Henderson, Auckland - Waitakere, this industrial property, designated for light manufacturing, spans a floor area of 190 square meters. Constructed in 1970, the building features concrete walls and an iron roof, both in average condition. It operates under a Unit Title ownership, emphasizing its suitability for various industrial applications. Despite its land area being recorded as 0, its strategic positioning and structural integrity make it a noteworthy option for investors and businesses alike.

Over the years, the property has seen significant growth in its capital value, escalating from $315,000 in July 2017 to $570,000 by June 2021, marking an 80.95% increase. This growth trajectory is further evidenced by its latest sale on December 19, 2023, for $558,000, closely aligning with the HouGarden AVM estimate of $557,500. Such figures underscore the property's appreciating value and investment potential in the dynamic Auckland market.

The property falls within the zones of Bruce McLaren Intermediate School (decile 2), Henderson High School (decile 3), and Henderson South School (decile 2), offering educational opportunities for families within the vicinity. Despite the lower decile ratings, these schools provide essential educational services, contributing to the community's development and making the area more appealing for residents and businesses alike.