131c Penrose Road, Mount Wellington, Auckland

Nestled in a serene cul-de-sac on 131c Penrose Road, this 2-bedroom, 1-bathroom residential dwelling is a freehold property that has seen a 20% increase in Capital Value since 2017. Constructed in 2020 with wood walls and an iron roof in good condition, it sits on a levelled 168m2 land area with a floor space of 60m2. The property, valued at $732,000 as per the latest government valuation, also boasts a private westerly garden and is energy-efficient with a heat pump, making it an ideal choice for young couples, downsizers, and investors seeking a prime property in central Auckland. Notably, it is within the catchment area of Baradene College (decile 9) and One Tree Hill College (decile 3), and Bailey Road School (decile 3), ensuring quality education options. The HouGarden AVM estimates the property's worth at $680,000, making it a desirable investment with a recent sales history and convenient access to amenities and transport.

Updated on July 04, 2024