3/59a Mahunga Drive, Mangere Bridge, Auckland - Manukau

Nestled in a serene cul-de-sac at 3/59a Mahunga Drive, Mangere Bridge, this industrial-service property is a Unit Title holding. Constructed in 2003 with robust concrete walls and iron roofing, both in good condition, the facility boasts a generous floor area of 1433 square feet and parking for 10 cars. Its strategic location adds immense value to this already thriving property.

Since 2017, the Capital Value has seen a significant leap, increasing by 30.34% to reach $2,900,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,780,000, while the latest sale history shows a remarkable transaction of $5,000,000 in September 2024, a stark contrast to the $1,550,000 sale in August 2005.

For families with educational concerns, the property falls within the zones of several schools. Mangere Bridge School, a Contributing school with a decile rating of 3, is in close proximity. Additionally, there's Mangere College for secondary education (Year 9-15) with a decile rating of 1, Sir Douglas Bader Intermediate at decile 1, and Royal Oak Intermediate School at decile 2.

Updated on October 23, 2024