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Sold: $620,000

Sold on 2024 Year 2024 Month 07 Day 08

22/119 Meadowland Drive, Somerville, Auckland - Manukau

1
80m2

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

Council Data

Last update : 2025 03 12
Improvement value$275,000Reduced by -9% from year 2017
Land value$355,000Increased by 51% from year 2017
CV(Year 2021 Month 06)$630,000Increased by 16% from year 2017
Floor area80m²
Decade of construction1993
TitleNA94C/136
Type of titleUnit Title
Legal descriptionAU 1 DP 157333, AU 2 DP 157333, AU 3 DP 157333, AU 4 DP 157333, UNIT V DP 15
CouncilAuckland - Manukau
Estate descriptionSTFH,1/1,UNIT V AND 1/22 SHARE IN ACCESSORY UNIT 1 AND 1/22 SHARE IN ACCESSORY UNIT 2 AND 1/22 SHARE IN ACCESSORY UNIT 3 AND 1/22 SHARE IN ACCESSORY UNIT 4 DEPOSITED PLAN 157333
Council rates$3,661.55
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness - Local Centre Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Somerville Intermediate School
0.86 km
Secondary
7-8
Government
Co-Educational
EQI: 389
10
Our Lady Star of the Sea School (Howick)
0.93 km
Primary
1-6
Government
Co-Educational
EQI: 360
9
Howick College
1.12 km
Secondary
9-15
Government
Co-Educational
EQI: 430
8
Cockle Bay School
1.23 km
Primary
1-6
Government
Co-Educational
EQI: 369
10
Sancta Maria College
5.47 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Business - Local Centre Zone
Land:-
Title:Unit Title

Surrounding facilities

Meadowland Drive Neighborhood and Surrounding Data

Mortgage

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