Nestled at 1/32b Maich Road, Manurewa, Auckland, within the Manukau region, this industrial-light manufacturing property is governed by a Unit Title. Constructed in 1987 with robust concrete walls and iron roofing, both in good condition, the property boasts a floor area of 130 square meters and provides ample parking with 3 car parks. It has seen a substantial growth in capital value, reflecting its investment potential.
As per the valuation records, the property's capital value has surged from $325,000 in July 2017 to $450,000 as of June 2021, marking a 38.46% increase. The HouGarden AVM estimates the property's worth at the same $450,000, while the latest sale history shows a transaction at $460,000 in August 2024, a significant leap from the $101,000 sale in June 1999.
For families with educational considerations, the property falls within the zones of Manurewa High School, a secondary school with a decile rating of 1, Manurewa Intermediate, also with a decile rating of 1, and Manurewa Central School, a contributing primary school with a decile rating of 2, ensuring access to a range of educational facilities.
Updated on October 02, 2024