41a Armein Road, Panmure, Auckland

Nestled in the heart of Panmure, this 3-bedroom, 2-bathroom home with a cross-lease title is a gem on Armein Road. Constructed in 1990 with wood walls and an iron roof, it boasts an average condition both inside and out. The property sits on a level contour, offering a floor area of 130sqm and parking for 2 cars. Notably, the home features a unique seat window in the dining room and a cozy nook perfect for a study area. The open-plan kitchen leads to a combined lounge and dining area, which opens up to a spacious deck. The upper level is complete with a master bedroom and bathroom, while the downstairs area includes two additional bedrooms, a small bathroom, and laundry facilities within the internal access garage. Enjoying a serene outlook over the Mt Wellington War Memorial Reserve and glimpses of the Tamaki Estuary, this property is valued at $1,380,000 as per the latest government CV. The HouGarden AVM estimates a slightly higher value of $1,387,500, reflecting a stable growth trend. The property's latest sale was on 2024-08-07 for $1,380,000. For families, the property falls within the decile 9 Baradene College zone and the decile 1 Tamaki College and Panmure Bridge School zones, ensuring quality education options.

Since the previous CV assessment, the capital value has seen a steady increase, demonstrating the investment potential of this property. The convenient location near Panmure's train station and Ellerslie-Panmure Highway further enhances its appeal, providing easy access to public transport.

With a rental cost that includes one week's rent in advance, a bond equivalent to three weeks' rent, and a letting fee of one week's rent plus GST, this property is an attractive option for potential tenants. Please note that cats may be considered, but dogs are not allowed. Drive by to appreciate the exterior, but remember not to enter the property grounds.

Updated on September 18, 2024