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620 Mount Wellington Highway, Mt Wellington, Auckland City, Auckland

Auction25/03, Tuesday 13:00

620 Mount Wellington Highway, Mt Wellington, Auckland City, Auckland

Name: Open Home - 12:00中午 - 12:30中午
Start: 2025-02-28T23:00:00.000Z
End: 2025-02-28T23:30:00.000Z
Location: 620 Mount Wellington Highway

5

2

1037m²

Home & IncomeListed Two Days Ago

Mount Wellington 5 Bedroom Invest, Develop, Profit Home&Income on Prime Land

Auction: 62 Highbrook Drive, East Tamaki on Tuesday 25 March 2025 at 1:00PM (unless sold prior)

Set on a 1,037sqm freehold section, this home and income property is a fantastic investment or development opportunity.

Three-bedroom freestanding home (needs TLC) currently rented at $620 per week.

Two-bedroom weatherboard minor dwelling currently rented at $525 per week.

Total rental income of $1,145 per week.

Zoned for future growth, this property is conveniently located near Sylvia Park Shopping Mall, with easy access to the motorway and all the essential amenities.

Zoned for Panama Road School and Otahuhu College.

Whether you are looking to landbank, renovate or develop, opportunities like this don't come along often!

See this listing on Barfoot & Thompson

Location

Auction

Mar25

Tuesday13:00

Open homes

Mar01

Saturday12:00 - 12:30

Mar02

Sunday12:00 - 12:30

Council Data

Last update : 2025 02 26

Improvement value$125,000

Land value$1,750,000

CV(Year 2021 Month 06)$1,875,000

DeckYes

View typeNo appreciable view

ContourLevel

Land area1037m²

Floor area152m²

Decade of construction1980

Title993056

Type of titleFreehold

Legal descriptionLOT 3 DP 561360

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN 561360,1037m2

Council rates$5,386.10
2023/2024

ConditionExternal Walls: Good
Roof: Good

ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Otahuhu College	2.55 km	Secondary	9-15	Government	Co-Educational	EQI: 513	1	Detail

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone

Land:1037m²

Title:Freehold

Surrounding facilities

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

Suburbs

Data analysis - Mount Wellington properties data

Sales count(Last 12 months)

10View

Type: Freehold

Sales median price(Last 12 months)

$1,499,000

Low: $1,290,000, High: $1,625,000

Rent median price(Last 12 months)

$1,100

Low: $900, High: $1,280

Mount Wellington property trend

Year	Median price	Growth	Sales count
2024	$1,448,000	-8.8%	15
2023	$1,587,500	-2.9%	6
2022	$1,635,000	3%	7
2021	$1,587,500	22%	16
2020	$1,301,500	38.5%	18
2019	$940,000	-4.7%	15
2018	$986,000	-18.2%	14
2017	$1,205,000	15.3%	7
2016	$1,045,000	22.2%	14
2015	$855,000	45.4%	14
2014	$588,000	-	11

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
7 Verdant Lane, Mount Wellington	0.10 km	4	2	176m²	Year 2025 Month 02 Day 26	-	Council approved
71 Mangahoe Road, Mount Wellington	0.20 km	3		130m²	Year 2024 Month 11 Day 23	$950,000	Council approved
Lot 2/12 Ryburn Road, Mount Wellington	0.20 km	3	2	-m²	Year 2024 Month 11 Day 01	-	Council approved
Lot 8/12 Ryburn Road, Mount Wellington	0.20 km	3	2	-m²	Year 2024 Month 11 Day 01	$910,000	Council approved
8/3 Hillside Road, Mount Wellington	0.12 km	3	2	147m²	Year 2024 Month 10 Day 22	-	Council approved