1 Bardia Road, Panmure, Auckland

Nestled in the serene cul-de-sac of Bardia Road, this freehold property on a level 690m2 land area presents a captivating opportunity. Constructed in 1940 with roughcast walls and tiled roofing, the 106m2 floor area home boasts 4 bedrooms and 2 car parks. The average condition of both walls and roof hints at a promising renovation project. This residence, with a capital value of $1,380,000 as of June 2021, has seen a CV increase of 64.29% since July 2017, indicating significant growth potential. The latest sale was recorded in 1998 at $195,000, emphasizing the investment horizon this property offers.

From a valuation perspective, the HouGarden AVM estimates the property at $1,367,500, aligning closely with the government's assessment. This is a property that invites attention from investors and developers seeking a Mixed Housing Urban zoning opportunity, subject to council approval. The prime location is further enhanced by the convenience of nearby public transport and easy access to local amenities.

For families with educational considerations, the property falls within the zones of Baradene College (decile 9) for secondary education, and Tamaki College (decile 1) and Tamaki School (decile 1) for primary and secondary education, respectively. This mix of educational institutions ensures a solid foundation for academic pursuits.

Updated on November 05, 2024