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Sold: $11,500,502

Sold on 2024 Year 2024 Month 09 Day 25

10 Penihana Place, Mangere, Auckland - Manukau

3325m2
15881m2

Nestled at 10 Penihana Place, Mangere, Auckland, within the Manukau region, this industrial warehousing facility boasts a freehold title on a sprawling land area of 15881 square meters. Constructed in 2018 with mixed materials for both the walls and roof, the property stands in good condition, housing a floor area of 3325 square meters and an ample 80 carparks.

Since 2017, the capital value has seen a significant leap, increasing by 52.44% to reach $12,500,000 as of June 2021. The HouGarden AVM estimates the property's worth at $11,985,000, with the latest sale recorded on September 25, 2024, at $11,500,050, following a previous sale in December 2017 at $8,863,429.

For families, the property falls within the zone of Mangere College, a secondary school with a decile rating of 1. Additionally, both Mangere Central School and Sir Douglas Bader Intermediate, also rated decile 1, are accessible, providing a comprehensive educational network for the area.

Updated on October 16, 2024

Council Data

Last update : 2025 03 05
Improvement value$1,050,000Reduced by -43% from year 2017
Land value$11,450,000Increased by 80% from year 2017
CV(Year 2021 Month 06)$12,500,000Increased by 52% from year 2017
Land area15881m²
Floor area3325m²
Decade of construction2018
Title836941
Type of titleFreehold
Legal descriptionLOT 1 DP 524370
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 524370
Council rates$61,563.64
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Light Industry Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Mangere Central School
1.70 km
Primary
1-8
Government
Co-Educational
EQI: 506
1
Mangere College
2.82 km
Secondary
9-15
Government
Co-Educational
EQI: 525
1
Sir Douglas Bader Intermediate School
2.90 km
Secondary
7-8
Government
Co-Educational
EQI: 522
1

Property history

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For developers

Unitary plan:Business - Light Industry Zone
Land:15881m²
Title:Freehold

Surrounding facilities

Penihana Place Neighborhood and Surrounding Data

Mortgage

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