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8 Dinglebank Road, Mt Wellington, Auckland City, Auckland, 6 Bedrooms, 3 Bathrooms, Unit

By negotiation

8 Dinglebank Road, Mt Wellington, Auckland City, Auckland

6
3
3
1201m2
UnitListed on Wed May 1

Mount Wellington 6 Bedroom Brick block of 3 units on one title on 1201m²

First time on the market in 35 years. Here's a fantastic investment opportunity in a prime location! Situated in a tidy cul-de-sac, this solid block of brick and tile units offers 3 X 2 bedroom units on a lush 1201m² section.

Inside, you'll find a separate kitchen, open plan living area, and two double bedrooms. Each unit also opens onto its own private, sun-drenched garden area, providing a peaceful retreat for tenants. Plus, with carports included for each unit, parking is convenient and secure.

Currently yielding $72,800 per annum, there's plenty of potential to increase rental income and maximize your investment returns. The current owners have proudly owned this property for over 30 years, with long-standing tenants who have enjoyed calling it home for many years.

In a Mixed Housing Suburban zoning, this property offers significant potential for future development or expansion. Its central location provides easy access to local amenities, motorway connections, and public transport options, making it highly desirable for tenants.

Opportunities like this are rare, so don't miss out! Take action now to secure this blue-chip block of units and start reaping the rewards of a smart investment decision.

See this listing on Barfoot & Thompson

Location

Council Data

Last update : 2024 07 17
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
0.29 km
Primary
1-8
Government
Co-Educational
EQI: 426
4
One Tree Hill College
2.09 km
Secondary
9-15
Government
Co-Educational
EQI: 474
3
Baradene College
4.16 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
Zoning
Underground
Contour
State houses
Flood zone

Surrounding facilities

Dinglebank Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Mount Wellington properties data
Mount Wellington property trend
Year
Median price
Growth
Sales count
2024
$1,730,000
-4.7%
1
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
-23.2%
7
2016
$1,823,695
88.4%
8
2015
$968,000
13.9%
11
2014
$850,000
-
3

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.05 km
6
1
308m2
Year 2024 Month 05 Day 19
$1,730,000
Council approved
5 & 5A Dinglebank Road, Mount Wellington
0.05 km
6
3
-m2
Year 2024 Month 05 Day 16
-
Council approved
5/18 Dinglebank Road, Mount Wellington
0.12 km
2
1
-m2
Year 2024 Month 05 Day 01
-
Council approved
3/16 Dinglebank Road, Mount Wellington
0.14 km
2
1
-m2
Year 2024 Month 03 Day 01
$730,000
Council approved
2/12 Stanhope Road, Mount Wellington
0.05 km
2
1
0m2
Year 2024 Month 02 Day 01
$630,000
Council approved

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Ref:891233Last update:2024-07-23 04:14:54