286 Panama Road, Mount Wellington, Auckland

Nestled on a serene 683m2 freehold section at 286 Panama Road, this residential property in Mount Wellington, Auckland, boasts a capital value of $1,150,000 as of June 2021. Constructed in 1970 with wood walls and tiled roofing, the house features 2 bedrooms, 1 bathroom, and an open-plan living area that exudes warmth and brightness. The property, with an average wall and roof condition, includes a high-spec home with large double-glazed windows, a sheltered deck, and a Mitsubishi Electric heat pump for year-round comfort. The latest sale history dates back to 2006 at $314,500, with a significant CV increase of 64.29% from $700,000 in July 2017. The HouGarden AVM estimates the property's value at $1,102,500. This address falls under the Otahuhu College zone, a secondary school with a decile rating of 1.

Boasting a prime location with north-facing waterfront views, the property offers potential for further development, being zoned for Mixed Housing Suburban. It's a rare opportunity to invest in a prime piece of real estate with ample off-street parking for 5+ cars and potential for a garage. With easy access to amenities like Lunn Avenue and Sylvia Park, this property is not just a home but a smart investment in your future.

For families, the property is zoned for Otahuhu College, providing quality education for Year 9-15 students. With a well-maintained front yard, fully fenced for privacy and safety, it's an ideal setting for children and pets alike. Don't miss this final chance to secure your future in this tranquil, yet centrally located, waterfront haven.

Updated on October 22, 2024