Nestled within a secure fenced compound, this 768 square foot industrial unit at 47 George Drive, Huntly, Waikato, offers a prime location for light manufacturing. The freehold property boasts an expansive land area of 2804 square meters, with convenient parking facilities. The unit features a clear floor area, accessible through two large 4-meter high roller doors, and includes staff amenities, office space, and storage for parts. Despite unknown specifics regarding the wall and roof construction, this property presents a solid investment with a consistent Capital Value (CV) of $1,810,000 since October 2023, and a HouGarden AVM estimate of $1,735,000. The latest sale in the area was recorded at $1,150,000 in October 2024, marking a CV increase of 0.0%.
With a stable government valuation and a quiet cul-de-sac setting, this property is not only a haven for industrial activities but also holds potential for capital growth.
For families considering the property, the school zone is a significant highlight. The local schools boast impressive decile ratings, ensuring a quality education for children.
Updated on October 09, 2024