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8 Dinglebank Road, Mount Wellington, Auckland, 6 Bedrooms, 0 Bathrooms, Unit

Sold: $1,800,000

Sold on 2024 Year 2024 Month 08 Day 01

8 Dinglebank Road, Mount Wellington, Auckland

6
190m2
1201m2

Nestled in the serene cul-de-sac of 8 Dinglebank Road, Mount Wellington, Auckland, this freehold property is a gem in the residential rental market. Constructed in 1966 with solid brick walls and an iron roof, it stands proud with an average condition, both inside and out. Comprising of 3 units, each with 2 bedrooms, this property offers a total of 6 bedrooms and 3 carparks, spread over a floor area of 190 square meters on a spacious 1201 square meter section. The property's capital value has seen a rapid increase of 28.36% from $1,675,000 in 2017 to $2,150,000 as of June 2021, echoing the investment potential. The HouGarden AVM estimates the property's worth at $2,097,500, while the latest sale in 2002 was for $370,000, indicating a significant appreciation over the years.

For investors with an eye on the future, the property's location within the Mixed Housing Suburban zoning holds promise for development. The current annual rental yield of $72,800 is a testament to its earning potential, with scope for more. Adding to its allure, the property falls within the catchment area of esteemed schools such as Baradene College (Decile 9), Stanhope Road School (Decile 4), and One Tree Hill College (Decile 3), making it an attractive prospect for families.

With a prime location that offers easy access to amenities, motorway connections, and public transport, this property is not just a sound investment but also a home that has been cherished by long-standing tenants for over three decades. This is a rare opportunity that calls for immediate action, so seize the day and secure this blue-chip investment block.

Updated on August 20, 2024

Council Data

Last update : 2025 01 15
Improvement value$75,000Reduced by -50% from year 2017
Land value$2,075,000Increased by 36% from year 2017
CV(Year 2021 Month 06)$2,150,000Increased by 28% from year 2017
View typeNo appreciable view
ContourLevel
Land area1201m²
Floor area190m²
Decade of construction1966
TitleNA9D/1092
Type of titleFreehold
Legal descriptionLOT 13 DP 55339 1201M2
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 13 DEPOSITED PLAN 55339,1201m2
Council rates$6,832.02
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Stanhope Road School
0.30 km
Primary
1-8
Government
Co-Educational
EQI: 426
4
One Tree Hill College
2.08 km
Secondary
9-15
Government
Co-Educational
EQI: 474
3
Baradene College
4.15 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:1201m²
Title:Freehold

Dinglebank Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Wellington properties data
Mount Wellington property trend
Year
Median price
Growth
Sales count
2024
$1,875,000
3.3%
4
2023
$1,815,000
-26.4%
3
2022
$2,465,000
24.8%
5
2021
$1,975,500
33.5%
14
2020
$1,480,000
19.6%
7
2019
$1,237,500
31%
6
2018
$945,000
-32.5%
9
2017
$1,400,000
-37.7%
7
2016
$2,247,390
132.2%
7
2015
$968,000
13.9%
11
2014
$850,000
-
3

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Stanhope Road, Mount Wellington
0.13 km
3
1
-m2
Year 2024 Month 11 Day 05
$1,181,000
Council approved
25 Stanhope Road, Mount Wellington
0.16 km
3
1
-m2
Year 2024 Month 10 Day 23
$1,080,000
Council approved
25A Stanhope Road, Mount Wellington
0.18 km
3
1
-m2
Year 2024 Month 10 Day 01
$1,020,000
Council approved
10 Stanhope Road, Mount Wellington
0.07 km
3
1
112m2
Year 2024 Month 09 Day 25
-
Council approved
5/6 Stanhope Road, Mount Wellington
0.06 km
3
2
147m2
Year 2024 Month 09 Day 11
$1,070,000
Council approved

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