606 Panehe Lane, Mount Wellington, Auckland

Nestled on a level plot at 606 Panehe Lane, Mount Wellington, Auckland, this residential vacant land boasts a freehold title, promising stability and control over the property. While specific details about the number of bedrooms, bathrooms, and carparks are not available, the property's potential is undeniable. The roof and wall construction remain unknown, adding a layer of mystery to this promising investment. With an undefined floor area but a generous land area of 11 hectares, the possibilities for development are vast.

As per the latest records, the capital value of this property, as of June 1, 2021, stands at $30,000, which interestingly matches the HouGarden AVM estimate. The property's value has seen a recent boost, as indicated by the latest sale on July 19, 2024, also at $30,000. This could signify a growing trend in the area's property values.

For families with educational considerations, this property falls within the zone of Otahuhu College, a secondary school catering to Year 9-15 students with a decile rating of 1. This indicates a strong educational institution in the vicinity, adding to the property's appeal.

Updated on August 14, 2024