70 Panorama Road, Mount Wellington, Auckland

Discover the charm of 70 Panorama Road, Mount Wellington, Auckland - City, a freehold property that boasts a spacious layout with five bedrooms and two bathrooms, spread over 157m2 of floor area on a 414m2 land parcel. This residential dwelling, constructed in 1920 with mixed materials for walls and an iron roof, presents an average condition for both wall and roof. The level contour of the property enhances its appeal, offering a blend of historical character and modern potential.

Since its last sale in 2008 for $415,000, the property has seen a significant increase in capital value, reaching $1,260,000 by June 2021, marking a 40% growth. This increase reflects the property's potential and the rising market trends. The HouGarden AVM estimates its value at $974,500, indicating a strong investment opportunity. The property's history of sales and its consistent capital value growth underscore its desirability and potential for appreciation.

Located within excellent school zones, 70 Panorama Road offers access to top-rated education institutions, including Baradene College (decile 9), Stanhope Road School (decile 4), One Tree Hill College (decile 3), and Bailey Road School (decile 3). These schools provide a range of educational opportunities, making it an ideal location for families seeking quality education for their children.

Updated on March 22, 2024.