185 Morrin Road, Saint Johns, Auckland

Located at 185 Morrin Road, Saint Johns, Auckland - City, this industrial property is a prime example of light manufacturing real estate. The unit, built in 1981, spans 134 square meters and is constructed with wood walls and an iron roof, both in good condition. It is a Unit Title property, indicating a form of ownership for the unit within a complex. Despite having no specified number of bedrooms or bathrooms, and zero car parks, the property stands out for its clear span warehousing, offices, and tidy amenities. The minimal office to amenity space makes this unit particularly desirable, further enhanced by features such as three-phase power, fibre internet, alarm systems, and a six-meter stud height. Additionally, the property offers excellent access and car parking, including a roller door to the front and dedicated yard space for customer or staff vehicles, with the opportunity to lease an additional 160m² of warehousing with the adjoining road front unit.

The property has seen a significant increase in its capital value, from $570,000 on July 1, 2017, to $1,060,000 on June 1, 2021, marking an 85.96% increase. The latest sale recorded was on October 27, 2023, for $636,000, a substantial increase from its sale price of $115,000 on July 5, 1999. The HouGarden AVM estimates the property's value at $1,042,500.

In terms of education, the property is zoned for several schools with varying deciles: Baradene College (Secondary, Year 7-15, Decile 9), Selwyn College (Secondary, Year 9-15, Decile 4), Stonefields School (Full Primary, Decile 9), and Tamaki College (Secondary, Year 9-15, Decile 1). This diverse range of educational institutions provides ample options for families considering this location.