4 Gazala Lane, Panmure, Auckland

Nestled in the tranquility of a quiet cul-de-sac at 4 Gazala Lane, Panmure, Auckland, this nearly new residential dwelling on a freehold title boasts 3 bedrooms, a single carpark, and a spacious floor area of 103sqm. The property is complemented by a brick exterior, tiled roof, and a well-maintained level contour. Since its construction in 2022, the property has seen a significant increase in its government valuation, rising from $620,000 in 2017 to the current $1,000,000 as of June 2021, reflecting a growth rate of 61.29%. The HouGarden AVM estimates the property's worth at $960,000, while the latest sale in November 2020 was for $880,000.

Financially, the property presents a promising investment with a CV increase that outpaces the average. The modern amenities, including a heat pump and double glazing, ensure comfort and energy efficiency. Storage is abundant, and the kitchen is a highlight with its generous cabinetry and bench space, accommodating even a double fridge. This home is perfect for a variety of buyers, from first-time homeowners to downsizers seeking convenience.

For families with school-aged children, the property falls within the zones of Baradene College, a secondary school with a decile rating of 9, and Tamaki College and Tamaki School, both with decile ratings of 1. Proximity to public transport further enhances the property's appeal, facilitating easy access to the CBD and local shopping areas.

Updated on April 19, 2024