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324 Panama Road, Mt Wellington, Auckland City, Auckland, 4 bedrooms, 2浴, House

By Negotiation

324 Panama Road, Mt Wellington, Auckland City, Auckland

4
2
6
711m2
HouseListed on Tue Feb 20
Open HomeFreeholdfirst home buyer under 1800000
$8,852/Monthly repayments
Based on estimate value
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Record your open home journey

Mount Wellington 4 Bedroom A Home & Income Coastal Charm with Development...

Embrace the unique opportunity of this dual-key property, nestled on a generous 711m² plot with stunning water views and ripe for development. Located just 3km from Sylvia Park Shopping Mall, this residence combines double incomes for cash flow, convenience for location and potential for future development.

Featuring two separate units each with 2 bedrooms, 1 bathroom, a living room, and a kitchen, it offers flexibility to live in one and rent the other, or explore rental possibilities for both. With a total of 4 bedrooms, 2 bathrooms, 2 living rooms, and 2 kitchens, the setup is perfect for families, and professionals' water-front lifestyles with a separate income potential or long-term investors and developers' water-front new built dream.

The property is fully fenced, providing privacy and safety, alongside a private deck and garden space for outdoor enjoyment and entertainment against the backdrop of the coastal reserve, and a gate off the back fence allows you the freedom to go any time for a coastal walk.

Situated close to amenities, with easy access to motorways, schools and shopping centres, this home offers both the serenity of beachside living and the convenience of Sylvia Park Shopping Mall, schools, and essential amenities. Its expansive land size holds promise for future expansion or development, making it an ideal investment in space and location. The architectural scheme plan shows the options for full subdivision or keeping the existing houses and adding one more new dwelling in the rear section. These scheme plans are of concept only and all purchasers must complete their own investigations as to any possible development potential.

Don't miss the chance to transform this property into your dream home or take advantage of its investment potential. Contact us today to seize this rare offering in central Auckland.

Open home: Sunday 1-1:30 pm or by appointment

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2024 05 08
Improvement value$450,000Increased by 104% from year 2017
Land value$1,150,000Increased by 66% from year 2017
CV(Year 2021 Month 06)$1,600,000Increased by 75% from year 2017
景色
景色Focal Point Of view - Water
坡度
坡度Level
土地面积
土地面积711m²
建筑面积
建筑面积130m²
建造年代
建造年代1940
地契编号
地契编号NA3B/1326
地契类型
地契类型Freehold
法律描述
法律描述LOT 47 DP 45393
市议会
市议会Auckland - City
产权描述
产权描述FSIM,1/1,LOT 47 DEPOSITED PLAN 45393,711m2
建筑规格
建筑规格External Walls: Wood Roof: Iron
建筑现况
建筑现况External Walls: Fair Roof: Fair
城市规划
城市规划Residential - Mixed Housing Suburban Zone

School zones

Name
Distance
类型
Year
属性
Gender
Score
Decile
Otahuhu College
3.46 km
Secondary
9-15
Government
Co-Educational
EQI: 513
1

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:711m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Mount Wellington properties data
Mount Wellington property trend
Year
Median price
Growth
Sales count
2023
$1,110,000
-11.6%
33
2022
$1,255,500
-15.3%
32
2021
$1,482,000
31.2%
77
2020
$1,130,000
20.7%
81
2019
$936,000
-5.6%
33
2018
$992,000
1.7%
57
2017
$975,000
0.6%
32
2016
$969,000
16%
40
2015
$835,000
21.2%
54
2014
$689,000
-
50
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Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2 Pelorus Place
0.63 km
3
1
0m2
2024年04月29日
$1,150,000
Council approved
122 Tiraumea Drive
0.65 km
3
1
120m2
2024年04月26日
$1,080,000
Council approved
2/166 Panama Road
0.66 km
2
1
85m2
2024年04月16日
$671,000
Council approved
0.18 km
2
1
100m2
2023年12月06日
$624,000
Council approved
0.36 km
2
1
80m2
2023年12月02日
$839,000
Council approved

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Ref:862421Last update:2024-05-11 04:22:43