70 Richard Pearse Drive, Mangere, Auckland - Manukau

Nestled in the serene Airport Oaks, this impressive industrial property at 70 Richard Pearse Drive, Mangere, Auckland - Manukau, boasts a freehold title and a robust construction. Built in 2003, the warehouse features mixed materials for the walls and an iron roof, both in good condition. Spanning an area of 2883 square feet, with a land size of 5412 square feet, it includes a high-stud, clear span warehouse of approximately 2359m², complemented by 515m² of open-plan corporate offices. Three roller doors, ample parking, and a drive-through canopy of 185m² add to its appeal. The property has seen a significant Capital Value (CV) increase, from $5,450,000 in 2017 to $9,050,000 as of 2021, reflecting a growth rate of 66.06%. The latest sales were recorded at $8,750,000 in 2024 and $4,850,000 in 2012. HouGarden AVM estimates the property's value at $8,815,000. Educationally, the property falls within the decile 1 zone, near Mangere College, Mangere Central School, and Sir Douglas Bader Intermediate.

Key highlights include its high-profile location, the expansive warehouse, well-appointed offices, and its strategic placement in the airport area, making it an ideal choice for distribution or logistics.

For families, the school network is a significant plus, with Mangere College offering secondary education, Mangere Central School catering to full primary levels, and Sir Douglas Bader Intermediate providing intermediate education, all rated in the first decile.

Updated on August 01, 2024