Great South Road, Bombay, Auckland - Franklin

Nestled on the serene Great South Road, Bombay, Auckland - Franklin, this freehold property is a gem in the industrial sector, specifically tailored for light manufacturing. Constructed in 2010 with mixed materials for the walls and iron for the roof, the building stands robust with a good condition both inside and out. Spanning across 816 square feet of floor area and 23230 square feet of land, it's a prime site with high exposure to the Waikato Expressway on State 1. The property, with its 2 titles and a total of 15.4ha (38 Acres), presents a rare opportunity for large-scale development in a highly coveted location.

Since 2017, the capital value has seen a dramatic increase of 52.94%, jumping from $1,700,000 to the current $2,600,000 as per the government valuation. The HouGarden AVM estimates the property's worth at $2,410,000, while the latest sales history shows a sale in 2024 for $3,450,000, indicating a promising investment potential. The property's latest sale in 2011 was for $770,000, showcasing a significant value appreciation over the years.

For families, the property falls within the decile 9 Bombay School's zone for full primary education and the decile 6 Pukekohe High School's zone for secondary education, ensuring top-notch education facilities for children of all ages.

Updated on June 19, 2024