Located at 45 Cryers Road, East Tamaki, Auckland - Manukau, this industrial property is a prime example of light manufacturing infrastructure. It boasts a substantial land area of 5,000 sqm with a floor area of 400 sqm, making it ideal for a variety of industrial uses. The property features mixed materials for wall construction and an iron roof, both in average condition. With 5 carparks available, it caters to businesses with multiple vehicles. The freehold ownership type ensures that the buyer has complete control over the property.
The property has seen a significant increase in capital value, from $2,475,000 in July 2017 to $6,150,000 in June 2021, marking a 148.48% increase. The latest sale, recorded on October 12, 2023, was at $6,700,000, indicating a strong market demand. The HouGarden AVM estimates the property's value at $6,045,000, showcasing its potential for further growth.
School zoning is an added advantage, with Sancta Maria College (Secondary Year 7-15, decile 7), Edgewater College (Secondary Year 9-15, decile 2), and Pakuranga Intermediate (Intermediate, decile 3) nearby. This provides a range of educational options for families within the area.
Updated on March 21, 2024.