35/203 Kirkbride Road, Mangere, Auckland - Manukau

Nestled in the prestigious Kudos Business Park at 35/203 Kirkbride Road, Mangere, this commercial office space boasts a prime location near Auckland Airport. The 144m2 two-level unit features 2 double bedrooms, 2 studies/offices, 2 bathrooms, and 2 open plan kitchens with living areas. Built in 2005 with concrete walls and an iron roof, this unit title property is in good condition and offers a strategic advantage in a thriving business hub. Notably, the capital value has surged by 32.56% from $430,000 in 2017 to $570,000 as of June 2021. The HouGarden AVM estimates the property at $542,500, while the latest sales were recorded at $400,833 in 2015 and $1,830,000 in 2013. The property falls within the decile 1 school zones of Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate.

With a rental potential of approximately $36,000 annually, this property presents a lucrative investment opportunity with a potential return of 10.3%. It includes 2 exclusive car parks and visitor spaces, and the option to purchase one or six units. This is an urgent sale requested by the overseas vendor, and all offers will be considered.

For families, the property is within a highly regarded school network, with Mangere College being a secondary school for years 9-15, and Mangere Central School and Sir Douglas Bader Intermediate catering to primary and intermediate levels respectively, all in decile 1.

Updated on October 21, 2024