7/255 Browns Road, Manurewa, Auckland - Manukau

Nestled at 7/255 Browns Road, Manurewa, Auckland, this commercial property is designated for retail use, boasting a prime location. Constructed in 1997 with concrete walls and an iron roof, both in good condition, the property offers 7 carparks and a floor area of 210 square meters under a Unit Title ownership.

Since 2017, the Capital Value has shown a significant increase, rising from $810,000 to the current $900,000 as of June 2021, indicating a growth rate of 11.11%. The HouGarden AVM estimates the property's value at $877,500. The latest sale history includes a transaction on June 17, 2024, for $965,000, a substantial leap from the previous sale in February 1997 for $438,500.

For families, the property falls within the zones of Homai School, Manurewa High School, and Manurewa Intermediate, all rated at a decile of 1, indicating a strong educational network in the area.

Updated on August 14, 2024