Located at 10/6 Airborne Road, Rosedale, Auckland - North Shore, this industrial service property presents a unique live/work opportunity. Constructed in 1990 with concrete walls and an iron roof, both in good condition, it spans a floor area of 120m². The unit, under Unit Title ownership, features a versatile layout with potential for 1-2 bedrooms and additional living space on the first floor, enhanced by good natural lighting and skylights. The ground floor offers a low-stud warehouse, a bathroom, and a small office leading to a private fenced courtyard. Accompanied by two car parks and ample visitor parking, this property is ideal for those seeking a blend of residential and commercial space.
The property's capital value has seen a significant increase, from $590,000 in July 2017 to $710,000 in June 2021, marking a 20.34% growth. The latest sale records show a transaction at $720,000 on December 15, 2023, following a previous sale at $585,000 on September 4, 2019. The HouGarden AVM estimates the property's value at $700,000, indicating a stable market perception.
Education is a key advantage, with the property situated within the zones of highly-rated schools: Albany Senior High School (Secondary, Year 11-15, decile 10), Albany School (Contributing, decile 9), and Albany Junior High School (Secondary, Year 7-10, decile 10). This location offers excellent educational opportunities, making it an attractive option for families and professionals alike.