Nestled on a generous 726m2 section in the serene cul-de-sac of Court Crescent, Panmure, this charming 3-bedroom, freehold property is a rare find. Constructed in 1940 with wood exterior walls and tiled roofing, the house boasts an average roof condition and fair wall condition. The property has experienced a significant Capital Value increase of 70.45% from $880,000 in 2017 to $1,500,000 as of June 2021. The latest HouGarden AVM estimates the property's value at $1,465,000, making it an attractive prospect for investors. The property's history includes sales in 1990 for $102,000 and in 1981 for $26,500, highlighting its consistent growth in value.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. It is located within the zones of Baradene College, a high decile secondary school, and Tamaki College and Tamaki School, providing a range of educational options for families. Whether you seek a family residence with potential for renovation or a strategic investment, 44 Court Crescent is a prime opportunity not to be missed.
Part of Panmure's most sought-after real estate, this property offers breathtaking views of the Tamaki Estuary and the promise of a stable, long-term investment. It's a chance to secure a slice of Auckland's vibrant city life while enjoying the tranquility of a quiet cul-de-sac.
Updated on August 16, 2024