Nestled in the serene Wairau Valley, Auckland, on Ellice Road, this industrial-service property is a Unit Title holding. Constructed in 1983 with robust concrete walls and iron roofing, both of which are in good condition, the property offers 4 carparks and a floor area of 130 square meters. The prime location and well-maintained structure make it a valuable investment.
Since 2017, the Capital Value has seen a remarkable increase of 53.49%, jumping from $430,000 to the current $660,000 as of June 2021. The HouGarden AVM estimates the property's worth at $640,000, while the latest sale history shows a sale on June 27, 2024, for $580,000, a significant leap from the $225,000 sale in 2010.
For families, the property falls within the school zones of Wairau Intermediate School, a decile 7 school, Target Road School, a decile 6 contributing school, and Glenfield Intermediate School, also a decile 6 institution, ensuring quality education for the children.
Updated on August 14, 2024