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16 Domain Road, Panmure, Auckland City, Auckland, 3 Bedrooms, 1 Bathrooms, House

By negotiation

16 Domain Road, Panmure, Auckland City, Auckland

3
1
1
822m2
HouseListed on Wed Oct 4
school zoneTerrace Apartment

Panmure 3 Bedroom Develop Now or Keep as a Land Bank

822 sqm of Residential Gold, Zoned for Terrace Housing and Apartment Building!

Welcome to a real estate gem that offers immense potential for developers and investors. This 822 sqm land, strategically zoned as Residential Terrace Housing and Apartment Building, is a rare find under the current unitary plan. With Resource Consent already granted for 8 houses, this property is ready to bring your vision to life.

Land banking investment opportunity:

Sitting on this development site boasts 122 sqm of well-designed living space, comprising 3 bedrooms, 1 bathroom, and a convenient garage. This thoughtfully planned home provides comfort and practicality, catering to the needs of modern living. Rent out the existing dwelling and watch your investment grow steadily while land banking for the future.

Location, Location, Location! Location is paramount, and this property excels in every way. Situated just a short stroll away from the peaceful Panmure basin, you'll experience tranquility at its finest. The bustling Panmure town centre is within throwing distance, offering an array of shops, cafes, and restaurants for your convenience. Enjoy enchanting waterfront parks and embrace a lifestyle surrounded by natural beauty.

Convenience at Your Doorstep: Public transportation options abound, with easy access to trains and buses, ensuring effortless commuting for residents. Embrace the convenience of accessing amenities and services, making this location highly sought-after by tenants and homeowners alike. Additionally, the motorway on and off ramps provide quick and easy access to various destinations, simplifying daily travel.

Proximity to Sylvia Park: Minutes away from Sylvia Park, a retail haven with a plethora of shops, entertainment options, and dining experiences. Indulge in retail therapy, catch a movie, or savor delicious meals at the trendy eateries, all just a stone's throw away from your doorstep.

Don't miss out on this exceptional opportunity to make your mark in Panmure's thriving real estate market. With Resource Consent already in place, you can hit the ground running and transform this prime land into a stunning residential development. Contact us today to arrange a viewing or obtain further information. The possibilities are endless, and your investment dreams await!

Disclaimer: All development plans and construction are subject to council approval and feasibility studies.

See this listing on Barfoot & Thompson

Location

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Council Data

Last update : 2024 12 11
Improvement value$25,000Reduced by 0% from year 2017
Land value$1,475,000Increased by 75% from year 2017
CV(Year 2021 Month 06)$1,500,000Increased by 73% from year 2017
View typeFocal Point Of view - Water
ContourEasy/Moderate rise
Land area822m²
Floor area122m²
Decade of construction1961
TitleNA1968/97
Type of titleFreehold
Legal descriptionLOT 11 DP 48727
CouncilAuckland - City
Estate descriptionFSIM,1/1,LOT 11 DEPOSITED PLAN 48727,822m2
Council rates$3,751.93
2023/2024
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Panmure Bridge School
0.68 km
Primary
1-8
Government
Co-Educational
EQI: 502
1
Tamaki College
2.87 km
Secondary
9-15
Government
Co-Educational
EQI: 534
1
Baradene College
6.43 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 372
9

Property history

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For developers

Unitary plan:Residential - Terrace Housing and Apartment Building Zone
Land:822m²
Title:Freehold

Surrounding facilities

Domain Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Panmure properties data
Panmure property trend
Year
Median price
Growth
Sales count
2024
$965,000
-0.3%
25
2023
$968,000
-21%
19
2022
$1,225,000
-3.7%
10
2021
$1,272,000
39.8%
42
2020
$910,000
14.5%
61
2019
$795,000
-11.7%
21
2018
$900,000
8.4%
31
2017
$830,000
-11.7%
25
2016
$940,000
11.6%
33
2015
$842,000
36.4%
35
2014
$617,500
-
16

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
17 Allenby Road, Panmure
0.09 km
4
1
0m2
Year 2024 Month 11 Day 05
$1,331,000
Council approved
14 Domain Road, Panmure
0.16 km
5
2
151m2
Year 2024 Month 09 Day 24
$1,200,000
Council approved
10a Allenby Road, Panmure
0.38 km
2
1
-m2
Year 2024 Month 09 Day 01
$685,000
Council approved
3/30 Allenby Road, Panmure
0.03 km
3
2
0m2
Year 2024 Month 08 Day 01
$872,000
Council approved
27 Cleary Road, Panmure
0.26 km
5
3
0m2
Year 2024 Month 07 Day 01
$1,500,000
Council approved

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Ref:854320Last update:2024-07-01 03:37:30