Nestled on an 850sqm section at 14 Domain Road, Panmure, Auckland, this 1961-built residential property with a Freehold title offers immense potential. The standalone home boasts 3 well-sized bedrooms, a spacious living area that opens to a deck, and is constructed with wooden walls and an iron roof, both in average condition. It's a golden opportunity for developers or renovators looking to transform this home with a 'Fix Me Up' appeal. The property has seen a significant Capital Value increase of 70.39% from $895,000 in 2017 to $1,525,000 as of June 2021, according to government valuations. The HouGarden AVM estimates the property's value at $1,422,500, while the latest sales history shows transactions at $260,000 in 2001 and $245,000 in 2000.
For families with school-aged children, the property falls within the zones of Baradene College (Decile 9, Secondary), Tamaki College (Decile 1, Secondary), and Panmure Bridge School (Decile 1, Full Primary), ensuring quality education options. This home, sitting on a section that enjoys all-day sun, is secure, fully fenced, and offers ample parking, making it an attractive prospect for those seeking a property with both investment value and lifestyle appeal.
With its 'DO ME UP' tag written all over it, this property is set to be a favorite among those looking for a project to invest their creativity and effort into. The auction is scheduled for 24th May 2024, unless sold prior, and this could be your chance to own a piece of Panmure's property history.
Updated on May 27, 2024