7/110 Mays Road, Onehunga, Auckland

Located at 7/110 Mays Road, Onehunga, Auckland - City, this industrial property is designed for light manufacturing, featuring a floor area of 298 square meters. Constructed in 1988 with mixed materials for walls and an iron roof, both in good condition, it stands on a unit title land. Despite having no specified number of bedrooms, bathrooms, or car parks, its strategic location and structural integrity make it an attractive asset.

The property has seen a significant increase in capital value, from $810,000 in July 2017 to $1,120,000 in June 2021, marking a 38.27% growth. The HouGarden AVM estimates its value at $1,102,500, while the latest sale on February 22, 2024, reached $1,260,000, up from $1,186,000 on February 27, 2019. This demonstrates a robust and growing interest in industrial properties within the area.

Situated in a well-regarded school zone, the property benefits from proximity to Baradene College (Secondary, decile 9), Royal Oak Intermediate School (Intermediate, decile 2), Te Papapa School (Contributing, decile 2), and One Tree Hill College (Secondary, decile 3). This diverse range of educational institutions adds value to the property, making it an appealing choice for potential investors or businesses looking for a strategic location.