2/59 Carbine Road, Mount Wellington, Auckland

Located at 2/59 Carbine Road, Mount Wellington, Auckland - City, this industrial property is zoned for Light Manufacturing, featuring an office and amenities space of 305.6m² alongside a warehouse of 215.7m². Built in 1989, the building showcases mixed materials for the roof and wood construction for the walls, both in good condition. This unit title property, with a floor area of 510m², offers nine dedicated and fourteen common carparks, despite having no specified land area. Its high-profile exposure and proximity to the motorway onramp make it an attractive location for businesses.

The property has seen a significant increase in capital value, from $1,220,000 in July 2017 to $1,750,000 in June 2021, marking a 43.44% growth. The latest sale recorded on February 27, 2024, was at $2,700,000, a substantial rise from its previous sale at $315,000 on April 29, 1991. The HouGarden AVM estimates its value at $1,720,000.

In terms of education, the property falls within the zones for One Tree Hill College, a secondary school with a decile rating of 3, and Sylvia Park School, a full primary school with a decile rating of 2. These schools offer educational opportunities for families within the area.