Nestled in a serene environment at 6/4 Panorama Road, Mount Wellington, Auckland, this charming residential unit boasts 2 bedrooms, 1 bathroom, and a floor area of 60 square meters. Constructed in 1973 with brick walls and tiled roofing, this cross-lease property is complemented by a fair roof condition and an average wall condition. The living space is graced with ample natural light, thanks to its northern and western aspects, and is kept comfortable by a heat pump and HRV system. An added bonus is the sleepout/studio/office space and a carport with an attached storage room. Notably, there are no Body Corporate fees, and the current tenants pay $580 per week plus water. The property has seen a CV increase of 33.33% from $570,000 in 2017 to $760,000 as of June 2021, with a HouGarden AVM of $730,000. The latest sale was in 2011 for $250,200. It's located in the catchment area of Bailey Road School, One Tree Hill College, and Baradene College, with the latter two having decile ratings of 3 and 9 respectively.
With a prime location, minutes away from Sylvia Park, Ellerslie, Penrose Train Station, and a bus route, this property presents a golden opportunity for an astute buyer to invest in a home with immense potential for further enhancement.
Act now and secure this property in a sought-after school zone, where educational excellence is within easy reach.
Updated on April 19, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.46 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 19 | $960,000 | Council approved | |
 | 0.14 km | 3 | 1 | 86m2 | Year 2024 Month 09 Day 17 | - | Council approved | |
 | 0.26 km | 5 | 2 | 0m2 | Year 2024 Month 09 Day 01 | $880,000 | Council approved | |
 | 0.31 km | 3 | 1 | 125m2 | Year 2024 Month 08 Day 30 | $905,000 | Council approved | |
 | 0.22 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | - | Council approved |