Nestled on a quiet cul-de-sac at 79a Panorama Road, Mount Wellington, this north-facing, 4-bedroom residence boasts a brick exterior and tiled roof, built in 2003. The well-maintained, cross-lease property with an easy/moderate fall contour enjoys a floor area of 163 sqm. The capital value has seen a rapid increase of 32.8125% from $960,000 in 2017 to $1,275,000 as of June 2021. The property is valued at $1,185,000 by HouGarden AVM, and the latest sale was in 2003 for $295,000.
With a cozy heat pump, open plan living, and a modern kitchen, the property is ideal for a growing family. The upstairs features three double bedrooms, including a master with an ensuite, while the basement level offers a fourth bedroom and a third toilet. The property is in the zones for Bailey Road School and Stanhope Road School, with the latter boasting a decile rating of 4. Additionally, Baradene College, a top secondary school with a decile rating of 9, is in close proximity.
Not only is this property perfect for families, but it's also a smart investment, given its prime location near Sylvia Park and easy access to the southern motorway for a quick commute to the city. The low-maintenance grounds and desirable school zones make this property a family favorite.
Updated on May 23, 2024