Positioned at the core of Highgate Business Park, this nearly new modern industrial unit is a gem in the heart of a high-growth area. Constructed in 2019 with a robust concrete exterior and iron roofing, the property presents in good condition both inside and out. It's governed by a Unit Title and comes with a generous allocation of three car parks and a total floor area of 199 square meters. The flexible layout includes a first-floor office of 48.5sqm, a ground floor office/showroom of 37.7sqm, and a vast 122sqm clear span high-stud warehouse, complete with an electric roller door and a protective anti-ram bar.
From a valuation perspective, the capital value has seen a remarkable increase of 53.125% from $640,000 in July 2017 to $980,000 as of June 2021. The HouGarden AVM estimates the property's worth at $985,000, closely aligning with the latest sale price of $1,010,000 in July 2024. The property's strategic location within the business park, which is zoned for light industry and conveniently connected to SH1, Millwater, Orewa, and Silverdale, further enhances its investment appeal.
For families, the educational opportunities are significant, with the property being within the zones for both Orewa College (Secondary, Decile 9) and Silverdale School (Contributing, Decile 10). These institutions are a testament to the high standards of education available in the area, making this property an ideal investment for those who value a quality education for their children.
Updated on September 11, 2024