Over the past few years, Hobsonville Point has been transformed from hectares of farms and military land, to a thriving community and sought-after suburb.
It currently has 1,500 homes and over the next 5 years it will grow to 4,500 homes and approximately 11,000 residents. This mix of apartments, townhouses and standalone houses and their differing price points has made the area popular for families of all ages and sizes.
But new houses have not been the only thing on the rise within Hobsonville; commercial property has also been a prevalent opportunity for those looking for smart investments.
With such a large and growing population creates demand for more commercial development. Hobsonville Point has been (and will continue to be) a smart choice for investors and landlords. There is a limited number of commercial and retail sites in Hobsonville Point, with many located on the street level.
The area is also now home to 2 brand new schools, an early childhood centre, a community hall, numerous parks and gardens for public use, and a regular farmers market at Catalina Bay. As such, these will continue to attract more people to the area, further increasing the demand (and foot traffic!) for local shops and businesses.
Hobsonville Point is also popular for residents, visitors and landlords alike due to the ease of transport in the area. There is easy access to both northern and north-western motorways, bus services running to the Auckland CBD, Westgate, Albany and Takapuna, and of course there is the ferry which offers a 25 minute trip to the CBD.
In 2017, we sold a block of 9 retail spaces at 160 Hobsonville Point road; these were all sold separately at auction for a total of $8,788,000. These were sold within 5 weeks, illustrating the demand for commercial premises in this top-quality location.
Most recently, Unit 4, 160 Hobsonville Point Road, Hobsonville Point was sold to a savvy buyer in July 2018. This 76m² of prime retail investment is in a sought-after location on the main road into Hobsonville Point, surrounded by residential housing/apartments, other retail premises, and a school right across the road.
Also currently on offer on the corner of Hobsonville Road and Dowdens Lane, is a high quality development consisting of 8 retail units for lease, 10 office suits for sale/lease and a gym for sale/lease. This is expected to be completed in August 2018.
The time has never been better for buying commercial property, and what better area to buy in than the high-growth suburb of Hobsonville Point. These options will tick all the boxes when it comes to investing in your future.
Take advantage of the opportunities at hand and contact me to secure your slice of Hobsonville Point today.