Located at 42 Carr Road, Three Kings, Auckland - City, this industrial property, specializing in light manufacturing, boasts a floor area of 742 square meters and a land area of 809 square meters. Built in 1960 with mixed materials for both the walls and roof, the property is in good condition. It features a freehold ownership type, making it an attractive investment or business opportunity. Despite its industrial categorization, the property has been recently renovated, including brand new paint, carpet, a new kitchen with appliances, and an updated bathroom. It also offers a spacious private backyard, a single garage, and off-street parking.
From a financial perspective, the capital value of the property has seen a significant increase, from $1,240,000 in July 2017 to $2,200,000 in June 2021, marking a 77.42% rise. The latest sale on February 22, 2024, was at $2,500,000, up from $750,000 on September 7, 2012. The HouGarden AVM estimates the property's value at $2,105,000.
Education-wise, the property is zoned for Mt Roskill Grammar School (Secondary, Year 9-15, decile 4), Mt Roskill Intermediate (Intermediate, decile 4), and Mt Roskill Primary School (Contributing, decile 3), offering a range of educational opportunities for families. Its location is convenient, within walking distance to Dominion Rd for buses, groceries, and other amenities.
Updated on April 04, 2024.