217a Penrose Road, Mount Wellington, Auckland

Located at 217a Penrose Road, Mount Wellington, Auckland - City, this charming 3-bedroom dwelling stands as a testament to classic architecture with its fibrous cement walls and iron roof, dating back to 1920. Despite its age, the property has been meticulously maintained, featuring a fair wall condition and an average roof condition. The house spans a floor area of 100 square meters on a level contour, under a Cross-Lease ownership type. It has been recently refurbished, boasting a new fully fitted kitchen, bathroom, carpet, and a heat pump, ensuring a comfortable living environment. The property also offers a spacious open plan lounge and dining room, three double bedrooms, an outside decking area, and a garage, all without the provision for car parks.

The property has seen a significant increase in its capital value, from $770,000 on July 1, 2017, to $1,050,000 on June 1, 2021, marking a 36.36% growth. The latest HouGarden AVM estimates the property's value at $1,005,000, while the most recent sale on January 16, 2024, was recorded at $885,000. This indicates a robust and growing interest in the area, reflecting the property's potential as a valuable investment.

Education is a priority for families, and this property does not disappoint. It is zoned for Bailey Road School (Full Primary, decile 3), One Tree Hill College (Secondary Year 9-15, decile 3), and Baradene College (Secondary Year 7-15, decile 9), offering a range of educational opportunities for children of all ages. Its location provides easy access to Sylvia Park, with its array of cafes, bars, and shopping facilities, as well as convenient access to motorways and bus routes.

Updated on April 06, 2024.