2a/47 Stanhope Road, Mount Wellington, Auckland

This neat apartment located at 2a/47 Stanhope Road, Mount Wellington, Auckland - City, is a perfect blend of comfort and convenience, ideal for a professional couple or an investor. Built in 2005, the property features 3 double bedrooms, 1 complete bathroom, and a separate toilet, spread across a floor area of 88 square meters. The apartment boasts a balcony and 2 undercover car parks, enhancing its appeal. The construction includes mixed materials for walls, which are in good condition, and an iron roof, also in good condition. The property, categorized under Residential - Apartments, is on a Unit Title ownership, situated on a land contour described as Easy/Moderate Fall.

Over the years, the capital value of this property has seen a modest increase from $530,000 in July 2017 to $540,000 in June 2021, marking a growth of approximately 1.89%. Despite the HouGarden AVM estimation at $520,000, the latest sale on January 16, 2024, reached $670,000, significantly higher than its previous sale at $420,000 on May 14, 2015. This indicates a strong market interest and potential for capital value growth.

The property is strategically located within excellent school zones, enhancing its value. It falls under the Stanhope Road School zone, a Full Primary with a decile rating of 4, One Tree Hill College, a Secondary (Year 9-15) school with a decile rating of 3, and Baradene College, a prestigious Secondary (Year 7-15) institution with a decile rating of 9. This diverse range of educational institutions caters to families with children of different ages and educational needs.

Updated on April 06, 2024.