23 Tripoli Road, Panmure, Auckland

Nestled on a quiet cul-de-sac at 23 Tripoli Road, Panmure, Auckland, this charming residential dwelling on a freehold title boasts a capital value that has seen a rapid increase of 65.22% since 2017. Constructed in 1950 with brick walls and tiled roof, the property offers three bedrooms, a bathroom, and three car parks, spread across a floor area of 103 sqm on a generous 398 sqm plot. The CV has grown from $690,000 in 2017 to the current $1,140,000, while the HouGarden AVM estimates it at $1,057,500. Notably, the property was sold for $325,000 in 2011 and $290,000 in 2005, showcasing its appreciating value. For families, the property falls within the zones of Baradene College (decile 9) and Tamaki College (decile 1), as well as Panmure Bridge School (decile 1), offering a range of educational options.

With a well-appointed kitchen and expansive open-plan living spaces, this home exudes comfort and elegance. The private decks on three sides and the fenced, landscaped yard provide ideal venues for outdoor entertainment. The addition of a vegetable patch and garden shed promotes a healthy lifestyle. Its location, close to Panmure village and with easy access to public transport, makes this property an attractive option for both homeowners and investors.

Educationally, the property is zoned for highly regarded schools. Baradene College, a secondary school for years 7-15 with a decile rating of 9, ensures a quality education for older students, while Tamaki College and Panmure Bridge School cater to secondary and full primary education respectively, both with a decile rating of 1.

Updated on June 07, 2024