2g Mepal Place, Papatoetoe, Manukau City

Nestled at 2g Mepal Place, Papatoetoe, Auckland, this industrial-service property is governed by a Unit Title. Constructed in 1983 with robust concrete walls and iron roofing, both of which are in good condition, the building boasts a floor area of 255 square meters. Its strategic location and well-maintained structure make it a valuable investment.

Since 2017, the Capital Value (CV) has seen a significant increase of 33.82%, jumping from $680,000 to the current $910,000 as of June 2021. The HouGarden AVM estimates the property's worth at $847,500, while the latest sale records from April 2024 and December 2005 indicate sales prices of $950,000 and $438,750 respectively, showcasing a steady growth in property value.

For families, the property falls within the school zones of Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Secondary, Decile 3), providing a comprehensive educational pathway for children.

Updated on May 15, 2024