10 Te Koa Road, Panmure, Auckland

Nestled in the serene environment of 10 Te Koa Road, Panmure, Auckland, this residential dwelling on a freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with concrete walls and tiled roofing, both in good condition, this property sits on a land area of 746m2 with a floor area of 76m2. The site enjoys an easy/moderate rise contour, making it an ideal candidate for development. Notably, the capital value has surged by 99.4% from $840,000 in 2017 to $1,675,000 as of June 2021. The HouGarden AVM estimates the property at $1,409,500, while the latest sale was recorded in 2004 for $272,000.

For families with school-aged children, the property falls within the zones of Baradene College (decile 9), Tamaki College (decile 1), and Panmure Bridge School (decile 1), offering a range of educational options. This property presents a golden opportunity for investors and developers looking to tap into the potential of the Mixed Housing Urban zone.

Enjoy the tranquility of a quiet cul-de-sac while being conveniently located for access to east and central Auckland, as well as the north and southern motorways. With Sylvia Park and Lunn Ave a short drive away, this property harmoniously combines peace and convenience. The motivated vendor is open to discussions for a prompt sale, making this an attractive prospect not to be missed.

Updated on October 02, 2024