200a Panama Road, Mount Wellington, Auckland

Nestled in the vibrant Mount Wellington, this 2-bedroom, 1-bathroom residential unit with an 80sqm floor area and 103sqm land area is a charming freehold property. Constructed with wood walls and an iron roof in 2021, it boasts good wall and roof conditions. The property is located in a quiet cul-de-sac, within a complex of 5 owner-occupied units, and features a private outdoor courtyard perfect for BBQs. The capital value has seen a 34.75% increase from $590,000 in 2017 to $795,000 in 2021. The latest sales were $699,000 in 2020 and $840,000 in 2019, while the HouGarden AVM estimates it at $790,000. It falls within the Otahuhu College zone, a secondary school with a decile rating of 1. This property offers an attractive price tag for first home buyers and is conveniently located near schools, Sylvia Park, and transport links.

With the sellers having left the country, this property must find new owners. It's a fantastic opportunity to enter the Auckland property market with a home that has been lovingly occupied and is in great condition. The design allows for a seamless blend of indoor and outdoor spaces, perfect for entertaining or relaxation. Don't miss out on this comfortable living in a high-growth suburb.

Educationally, the property is within a sought-after school zone, close to Otahuhu College, making it an ideal choice for families with school-aged children. The convenient access to public transport, shopping, and leisure facilities further enhances the appeal of this property. It's a must-sell that could be your perfect first home.

Updated on November 07, 2024