3/322 Ellerslie-Panmure Highway, Mount Wellington, Auckland

Located at 3/322 Ellerslie-Panmure Highway, Mount Wellington, Auckland - City, this residential property is a testament to solid construction and modern living. The unit, built in 1970, features brick walls in good condition and a tile roof also in good condition, ensuring durability and low maintenance. With a floor area of 58 square meters, this unit title property offers a spacious living environment on a level contour, though it does not come with land area. The interior has been newly renovated, including fresh paint, a brand new kitchen, and bathroom, creating a modern and inviting atmosphere. It boasts two double bedrooms, a separate bathroom and toilet, and a generous living room. The property also benefits from a northeast-facing garden and patio for outdoor enjoyment, alongside a conveniently located carport.

The property has seen a significant increase in capital value, from $500,000 in July 2017 to $650,000 in June 2021, marking a 30% growth. The latest HouGarden AVM estimates the property's value at $622,500. Its sale history shows a recent transaction at $489,000 on February 5, 2024, following a previous sale at $495,000 on June 28, 2019. This trajectory indicates a robust investment opportunity and a desirable market position.

Education is a priority, and this property is zoned for schools with varying deciles: Stanhope Road School (decile 4), One Tree Hill College (decile 3), and the highly regarded Baradene College (decile 9). These options provide a range of educational opportunities, from full primary to secondary levels, catering to families with diverse needs.

Updated on April 05, 2024.