114 Bairds Road, Otara, Auckland - Manukau

Nestled at the corner of Bairds Road and Kelpie Lane, this Freehold property on 296m² of land boasts a 180m² Light Industry zoned building, meticulously refurbished to a new standard. Constructed in 1960 with concrete walls and an iron roof, both in good condition, this property features a medium-stud warehouse with versatile potential for warehousing, storage, or retail. With 2 carparks and significant updates including a new roof, this property is a gem in the Otara industrial precinct. The Capital Value has seen a 25% increase from $600,000 in 2017 to $750,000 as of 2021, with HouGarden AVM valuing it at $755,000. The latest sale in 2024 was for $700,000. Educationally, the property falls within the decile 1 zone for Bairds Mainfreight Primary, Sir Edmund Hillary Collegiate Middle, and Senior Schools.

Boasting a high profile site with excellent exposure, this property offers vacant possession and is an attractive opportunity for both owner-occupiers and investors. The location provides easy access to motorway interchanges, Botany Town Centre, and Flat Bush.

With a school network that includes contributing, intermediate, and secondary options, all at decile 1, this property is not just a prime industrial space but also a wise investment for those considering the educational benefits.

Updated on October 02, 2024