370 Ellerslie-Panmure Highway, Mount Wellington, Auckland

Located at 370 Ellerslie-Panmure Highway, Mount Wellington, Auckland - City, this residential property is a prime example of vacant land multiple housing with a floor area of 133 square meters and a substantial land area of 822 square meters. Built in 1960, the property features 3 bedrooms, a carpark, and is constructed with brick walls in average condition and an iron roof in good condition. The freehold ownership type ensures that the buyer has complete control over the property. The level contour of the property adds to its appeal, making it very suitable for a family.

The capital value of the property has seen a significant increase, from $1,140,000 in July 2017 to $1,525,000 in June 2021, marking a 33.77% growth. The HouGarden AVM estimates the property's value at $1,460,000, while the latest sale on February 14, 2024, was at $1,600,000. This demonstrates the property's strong capital value growth and market demand.

The property is zoned for several reputable schools, including Baradene College (Secondary, Year 7-15, decile 9), Stanhope Road School (Full Primary, decile 4), and One Tree Hill College (Secondary, Year 9-15, decile 3), making it an ideal location for families prioritizing education.

Updated on April 05, 2024.