11a Saleyards Road, Otahuhu, Auckland

Nestled at 11a Saleyards Road, Otahuhu, Auckland, this industrial property with light manufacturing category is a Unit Title holding. Constructed in 1983, the property boasts mixed materials for both the roof and exterior walls, which are in average condition. It spans a floor area of 875 square feet, perfect for a variety of industrial uses. The property is situated in a quiet cul-de-sac, enhancing its appeal for potential investors.

Since the valuation in June 2017, the Capital Value (CV) has seen a significant increase to $2,275,000 as of June 2021, reflecting a growth rate of 37.88%. The HouGarden AVM estimates the property's worth at $2,180,000, while the latest sale history shows a transaction at $2,450,000 in August 2024, a substantial leap from the $650,000 sale in May 2005.

For families, the property falls within the Otahuhu College zone, a secondary school catering to Year 9-15 students with a decile rating of 1, indicating a strong community support system for education.

Updated on October 23, 2024