Located at 19 Tironui Road, Takanini, Auckland - Papakura, this industrial property serves as a prime example of light manufacturing infrastructure. With a generous floor area of 260 square meters and an expansive land area of 1098 square meters, the property is defined by its freehold ownership type. The building, constructed in 1971, features concrete walls in good condition and an iron roof also in good condition, ensuring durability and longevity.
Over the years, the capital value of this property has seen a significant increase, from $700,000 in July 2017 to $1,220,000 in June 2021, marking a 74.29% growth. The latest sale recorded on February 6, 2024, was at $1,300,000, surpassing the HouGarden AVM estimate of $1,170,000. This growth trajectory underscores the property's increasing market value and investment potential.
In terms of education, the property falls within the zones of Papakura Normal School (Full Primary, decile 3), Rosehill Intermediate (Intermediate, decile 3), and Rosehill College (Secondary (Year 9-15), decile 5). These schools offer a range of educational opportunities for families residing in the area.
Updated on April 05, 2024.