103 Montgomerie Road, Mangere, Auckland - Manukau

Located at 103 Montgomerie Road, Mangere, Auckland - Manukau, this industrial warehousing property boasts a substantial floor area of 1370 square meters and a generous land area of 3025 square meters. Built in 1998 with mixed materials for the walls and an iron roof, both in good condition, this freehold property offers ample parking space with 10 carparks available. The property does not specify the number of bedrooms or bathrooms, highlighting its industrial nature.

Over the years, the capital value of this property has seen significant growth. From a capital value of $2,150,000 on July 1, 2017, it increased to $2,900,000 by June 1, 2021, marking a 34.88% rise. The HouGarden AVM estimates its value at $2,852,500. Notably, the property was last sold on January 22, 2024, for $5,000,000, a substantial increase from its previous sale price of $820,000 on October 15, 1998.

In terms of education, the property is zoned for Mangere College, a secondary school (Year 9-15) with a decile rating of 1, Mangere Central School, a full primary school also with a decile rating of 1, and Sir Douglas Bader Intermediate, an intermediate school with a decile rating of 1. These schools reflect the property's location within a community-focused area.