23 Stanhope Road, Mount Wellington, Auckland

Nestled on a serene cul-de-sac in the heart of Mount Wellington, this charming 3-bedroom, 1-bathroom residence with a single carpark offers a warm invitation to peaceful living. Constructed in the 1950s with solid wood weatherboard and a tile roof, this freehold property boasts an impressive 108sqm floor area. The capital value has seen a substantial increase from $920,000 in 2017 to $1,160,000 as of June 2021, reflecting a growth of 26%. The home is maintained in good condition, both walls and roof being average, and is situated on a level contour, enhancing its overall appeal.

With a HouGarden AVM of $1,077,500 and a latest sale record in 2014 at $661,254, this property presents a sound investment opportunity. The CV increase indicates a promising trend for potential buyers. The residence is equipped with 2 heat pumps and a wood-burning fireplace, offering comfort throughout the year. Additionally, a building consent is in place for future expansion into a 4-bedroom, 3-bathroom home, providing a secure investment for growing families.

When it comes to education, the property falls within the zones of Baradene College (decile 9), Stanhope Road School (decile 4), and One Tree Hill College (decile 3), ensuring access to quality education. Located close to Ellerslie village, Sylvia Park, and major transport routes, this home is not only convenient but also an attractive proposition for those seeking a balanced lifestyle.

Updated on May 30, 2024