Nestled at 22/119 Meadowland Drive, Somerville, Auckland, this commercial property with a unit title is a gem in the Manukau region. Constructed in 1993, the property boasts mixed materials for the walls and tiled roofing, both in good condition. It features 1 bathroom, 4 carparks, and a floor area of 80 square meters. The property's capital value has seen a significant increase from $540,000 in July 2017 to $630,000 as of June 2021, marking a growth of 16.67%.
With a HouGarden AVM of $612,500 and a latest sale record of $620,000 on July 8, 2024, this property has a proven track record of appreciation. Its previous sale in July 2004 was for $270,000, indicating a steady rise in value over the years.
For families, the property falls within the zones of several high-performing schools. Cockle Bay School and Somerville Intermediate School both have a decile rating of 10, while Star of the Sea School in Howick is rated 9. Howick College and Sancta Maria College, catering to secondary students, are rated 8 and 7 respectively, ensuring a quality education for all ages.
Updated on August 14, 2024