20 Penion Drive, Flat Bush, Auckland - Manukau

Nestled in a serene cul-de-sac at 20 Penion Drive, Flat Bush, Auckland, this freehold property is a charming residence that has undergone complete renovation. The 3-bedroom, 1-bathroom home sits on a level 601sqm of land and features a robust fibrous cement exterior and an iron roof in good condition, built in 1991. It boasts an open floor plan with a generous 80sqm of living space, and the potential for off-street parking. The property has seen a 57.89% increase in Capital Value from $570,000 in 2017 to $900,000 as of June 2021. The latest HouGarden AVM estimates the property at $862,500, while the last sale was recorded at $106,000 in 2003, indicating significant growth. This home is perfect for families, investors, or developers, with its location in the Mixed Housing Urban Zone and access to stormwater and wastewater services.

For families with school-aged children, the property falls within the zones of Dawson School, a contributing school with a decile rating of 1, and Tangaroa College, a secondary school also rated decile 1. The convenient location near Dawson Road offers easy access to local amenities, while Botany Junction, Ormiston Mall, and Manukau City Center are all within reach. The property's potential is further enhanced by its proximity to SH1 and SH20 motorways, making it an ideal base for commuters.

With a solid investment track record and a promising future, this property is ready to write a new chapter for its fortunate new owners.

Updated on October 24, 2024