51 Tripoli Road, Panmure, Auckland

Nestled in the heart of Panmure, Auckland, this charming residential dwelling at 51 Tripoli Road offers a lifestyle of convenience and comfort. The 2-bedroom, 1-bathroom home, built in 1940 with a brick exterior and iron roof, sits on a cross-lease section with a floor area of 97 square meters. Notably, the property has seen a significant Capital Value increase of 88.89% from $540,000 in 2017 to $1,020,000 as of June 2021. It last changed hands in 1986 and now presents a rare opportunity in over 32 years. The property features a spacious living area, generously sized bedrooms, and a wide hallway, all set on a level contour with a near-flat yard, fully fenced for privacy and security.

With a HouGarden AVM of $995,000 and a history of sales, the latest being in 1991 at $74,000, this property is attractively priced. The government's CV reflects a promising investment potential. Adding to its allure, the property is located in a desirable school zone, with Baradene College, a decile 9 secondary school, and Tamaki College and Tamaki School, both decile 1, within easy reach.

For families, the prime location is second to none, being just 2 minutes from Panmure Shops, 4 minutes to Panmure Train Station and Bus Terminal, and 6 minutes to Sylvia Park. This solid brick home, with its unique white brick and terracotta tile construction, offers a chance to enter the property market at an entry-level price. It's an opportunity to add your personal touch and transform it into your dream home.

Updated on August 15, 2024