Nestled in the heart of Mount Wellington, Auckland, this charming residential unit at 55/51 Ireland Road boasts a modern open plan living, spread over two levels. The 3-bedroom, 1-bathroom home, built in 2001 with a mix of materials for the walls and iron for the roof, is in good condition both inside and out. It is situated on a level contour and holds a Unit Title. The property's Capital Value (CV) has seen a remarkable increase of 35.85% from $530,000 in 2017 to $720,000 as of June 2021. The HouGarden AVM estimates it at $690,000, while the latest sale was recorded in 2001 for $181,500.
For investors, the property is currently tenanted at $520 per week, with the potential for more in the rental market of Mt Wellington. The Body Corporate is well-managed, providing secure, gated living with visitor car parks. Notably, the location is within walking distance to the Panmure Basin, Sylvia Park shopping mall, and is served by Panmure bus and train station, offering ease of access to motorway links and public transport.
Educationally, the property falls under the zones of Baradene College (Decile 9), One Tree Hill College (Decile 3), and Panmure District School (Decile 2), ensuring quality education options for residents. This trendy townhouse is a perfect blend of comfort, convenience, and potential for growth, making it an attractive opportunity for both investors and homebuyers.
Updated on May 02, 2024