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8/50 Pilkington Road, Panmure, Auckland, 2 Bedrooms, 1 Bathrooms, Unit

Sold: $498,800

Sold on 2024 Year 2024 Month 08 Day 01

8/50 Pilkington Road, Panmure, Auckland

2
1
70m2

Nestled in the serene cul-de-sac of Pilkington Road, this 1978-built residential unit boasts 2 bedrooms, 1 bathroom, and a functional layout spread over 70 square meters. The property, with its mixed-material walls and iron roof, is maintained in fair condition and sits on an easy-to-moderate fall contour. It carries a Cross-Lease title, providing a unique ownership opportunity in the heart of Panmure, Auckland. Notably, the capital value has seen a substantial increase of 70.12% from $470,000 in July 2017 to $800,000 as of June 2021. The HouGarden AVM estimates the property's worth at $780,000, while the latest sales were recorded at $211,000 in 2006 and $126,000 in 2001.

For investors and families alike, the property's location within the catchment area of several schools is a significant draw. Baradene College, a secondary school with a decile rating of 9, Tamaki College (decile 1), Panmure District School (decile 2), and Panmure Bridge School (decile 1) are all within easy reach. This addresses both educational needs and adds value to the property, given the desirability of the school zones.

With a proven track record as a successful rental and a central location that affords access to a wealth of amenities, this property is ready for a new owner to invest or move in and enjoy the ease and comfort of Panmure living.

Updated on August 30, 2024

Council Data

Last update : 2024 12 11
Improvement value$410,000Increased by 141% from year 2017
Land value$390,000Increased by 30% from year 2017
CV(Year 2021 Month 06)$800,000Increased by 70% from year 2017
View typeNo appreciable view
ContourEasy/Moderate Fall
Floor area70m²
Decade of construction1978
TitleNA40C/969
Type of titleCross-Lease
Legal descriptionFLAT 8 DP 64083, GARAGE 8 DP 64083, LOT 1 DP 58409
CouncilAuckland - City
Estate descriptionFSIM,1/11,FLAT 8 DEPOSITED PLAN 64083
Council rates$2,434.22
2023/2024
ConditionExternal Walls: Fair
Roof: Fair
ZoningResidential - Terrace Housing and Apartment Building Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Panmure Bridge School
1.02 km
Primary
1-8
Government
Co-Educational
EQI: 502
1
Panmure District School
1.18 km
Primary
1-8
Government
Co-Educational
EQI: 486
2
Tamaki College
2.39 km
Secondary
9-15
Government
Co-Educational
EQI: 534
1
Baradene College
5.92 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:-
Title:Cross-Lease

Surrounding facilities

Pilkington Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Panmure properties data
Panmure property trend
Year
Median price
Growth
Sales count
2024
$685,000
3.8%
9
2023
$660,000
-5.7%
9
2022
$700,000
-13%
16
2021
$805,000
27.3%
23
2020
$632,500
2.3%
14
2019
$618,000
-1.4%
11
2018
$627,000
-10.3%
18
2017
$699,000
17.2%
10
2016
$596,550
7.5%
16
2015
$555,000
18.3%
17
2014
$469,000
-
18

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Te Koa Road, Panmure
0.15 km
2
1
0m2
Year 2024 Month 10 Day 02
-
Council approved
40E Jellicoe Road, Panmure
0.32 km
3
2
-m2
Year 2024 Month 10 Day 01
$960,000
Council approved
308/82 Jellicoe Road, Panmure
0.29 km
1
1
0m2
Year 2024 Month 10 Day 01
$490,000
Council approved
0.28 km
1
1
54m2
Year 2024 Month 09 Day 22
$490,000
Council approved
64 Pilkington Road, Panmure
0.30 km
4
2
204m2
Year 2024 Month 08 Day 30
$1,200,000
Council approved

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