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Utu Hokona: Sold price unknown

Hokona i 2024 05 29

3/17a Ryan Place, Papatoetoe, Auckland - Manukau

159m2

Nestled in the heart of Manukau City, this commercial property at 3/17a Ryan Place boasts a spacious 159m2 floor area with a Unit Title ownership. Constructed in 2008, the mixed-material walls and roof are in good condition. It offers 5 car parks and is designed for retail use, currently hosting a sales space for imported goods. The property has seen a significant Capital Value increase of 15.79% from $475,000 in 2017 to $550,000 as of June 2021. The latest sale was recorded on April 28, 2023, at $580,000. The HouGarden AVM estimates the property's value at $510,000. For investors or owner-occupied businesses, this property is ideally located, just 3 minutes from the SH1 motorway onramps and 2 minutes from the Manukau Town Centre.

With a lease returning $34,000pa, this property is not just a sound investment but also a golden opportunity for businesses looking for a quiet yet convenient location. The schools in the area, Puhinui School (Decile 3), Papatoetoe Intermediate (Decile 2), and Papatoetoe High School (Year 9-15, Decile 3), are added bonuses for families.

Act fast, as this is a mortgagee sale and such opportunities are rare. This property could be the key to your future success in the Auckland property market.

Updated on June 17, 2024

Raraunga Kāwanatanga

Rā Whakahou Raraunga: 2024 12 18
Uara Whare$205,000Whakatitaha iho ki te tau 2017 -30%
Uara Whenua$345,000Ikeike atu ki te tau 2017 91%
CV Kāwanatanga(2021 06)$550,000Ikeike atu ki te tau 2017 15%
Rohe papa159m²
Tau hanga2008
Nama taitara317420
Momo taitaraUnit Title
Whakamārama tureAU 5 DP 377446, AU 6 DP 377446, UNIT 3 DP 377446
KauniheraAuckland - Manukau
Whakamārama manaSTFH,1/1,UNIT 3 AND ACCESSORY UNIT 5-6 DEPOSITED PLAN 377446
Tāke whenua$3,412.50
2023/2024
Tūnga hangaExternal Walls: Good
Roof: Good
Mahere taoneBusiness - Light Industry Zone

Mōhiohio Kura

Ingoa
Tawhiti
Momo
Kōeke
Āhuatanga
Ira Tangata
Score
Decile
Puhinui School
0.70 km
Kura Tuatahi
1-6
Kura Kāwanatanga
Kura Hātepe
EQI: 439
3
Papatoetoe High School
1.17 km
Kura Tuarua
9-15
Kura Kāwanatanga
Kura Hātepe
EQI: 476
3
Papatoetoe Intermediate
3.20 km
Kura Tuarua
7-8
Kura Kāwanatanga
Kura Hātepe
EQI: 477
2

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Whakamahere Taone:Business - Light Industry Zone
Rohe Whenua:-
Momo Tiwhikete Whenua:Unit Title

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