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46 Panama Road, Mt Wellington, Auckland City, Auckland

$1,499,000

46 Panama Road, Mt Wellington, Auckland City, Auckland

4

1

HouseListed on Thu Oct 17

Mount Wellington 4 Bedroom Prime + Panama = POTENTIAL!!!

Prime Opportunity Awaits at 46 Panama Road!

This expansive 1,358 m² (mol) parcel offers incredible potential for development zoned mixed housing urban. Perfect for investors or developers looking to maximize returns in a high-growth area. After two decades in the home they’ve raised their children in, our vendors are moving down south to start the next chapter of their life.

This 4-bedroom property down a right of way offers ample room for families or investors alike, nestled in a sought-after location close to local amenities, parks, and shopping facilities. Situated in the heart of Mount Wellington and only :

- 1.8kms away from Sylvia Park

- 13kms to the Auckland Airport

- 13kms to Auckland CBD

- 9.8kms to Manukau City

This property combines convenience with ample living space, all set in a highly desirable location.

Don’t miss out on making this your next project.

Contact us today to arrange a viewing!

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2024 12 11

View typeNo appreciable view

ContourEasy/Moderate Fall

Land area1358m²

Floor area174m²

Decade of construction1950

TitleNA1113/73

Type of titleFreehold

Legal descriptionLOT 7 DP 41473

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 7 DEPOSITED PLAN 41473,1358m2

Council rates$5,547.27
2023/2024

ConditionExternal Walls: Average
Roof: Average

ZoningResidential - Mixed Housing Urban Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Otahuhu College	3.00 km	Secondary	9-15	Government	Co-Educational	EQI: 513	1	Detail

Property history

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For developers

Unitary plan:Residential - Mixed Housing Urban Zone

Land:-

Title:Freehold

Surrounding facilities

Panama Road Neighborhood and Surrounding Data
Panama Road neighborhood is a sub-region located within Mount Wellington city

Suburbs

Data analysis - Mount Wellington properties data

Sales count(Last 12 months)

37View

Type: Freehold

Sales median price(Last 12 months)

$1,170,000

Low: $850,000, High: $1,956,522

Rent median price(Last 12 months)

$850

Low: $300, High: $1,040

Mount Wellington property trend

Year	Median price	Growth	Sales count
2024	$1,177,500	3.9%	36
2023	$1,133,500	-9.3%	37
2022	$1,250,000	-15.7%	33
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

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
14/22 Ryburn Road, Mount Wellington	0.12 km	2	1	-m²	Year 2024 Month 10 Day 22	$612,500	Council approved
27 Komanawa Lane, Mount Wellington	0.54 km	3	2	118m²	Year 2024 Month 09 Day 27	$870,000	Council approved
22 Tahuhu Road, Mount Wellington	0.15 km	3	3	160m²	Year 2024 Month 09 Day 04	$946,000	Council approved
Lot 1/25 Panama Road, Mount Wellington	0.16 km	2	1	-m²	Year 2024 Month 07 Day 26	-	Council approved
1/25 Panama Road, Mount Wellington	0.11 km	2	1	84m²	Year 2024 Month 07 Day 03	$750,000	Council approved