Positioned on a generous 2000 sqm freehold site at 7 Brick Street, Henderson, Auckland, this industrial property is a standalone investment opportunity. Constructed in 2001 with mixed materials for the walls and iron for the roof, the property boasts a floor area of over 923 sqm and 26 carparks. The capital value has seen a significant increase from $1,950,000 in 2017 to $2,900,000 as of June 2021, reflecting a growth rate of 48.7%. The property includes multiple industrial workshops, a 3-bedroom residential unit with dual entrance, and a refurbished road frontage showroom/office. It's zoned for light industrial use and is located in a quiet cul-de-sac near Swanson Road. The latest sale was recorded on June 5, 2024, for $2,525,000, and the HouGarden AVM estimates the property's value at $2,822,500. Educationally, the property falls within the decile 3 school zones of Waitakere College, Henderson Intermediate, and Henderson North School.
Jameslaw Realty presents this rare industrial opportunity in Henderson, ideal for discerning investors or owner-occupiers. The property's history includes a notable 21-year tenure of KA Motors, adding to its allure. With a prime location and a promising CV growth trajectory, this property is not to be missed.
For families, the school network is a significant plus, with Waitakere College offering secondary education and Henderson Intermediate and Henderson North School catering to intermediate and contributing levels respectively, all rated decile 3.
Updated on August 01, 2024