49b Panapa Drive, Saint Johns, Auckland

Nestled in the serene cul-de-sac of 49b Panapa Drive within the coveted St Johns suburb, this freehold property is a gem for families and investors alike. Constructed in 1995 with robust brick walls and tiled roofing, the residence boasts 4 comfortable bedrooms, 2 modern bathrooms, and a spacious double carpark. The 181sqm floor area is complemented by a generous 627sqm section, allowing for a perfect blend of indoor-outdoor living. The property has seen a significant Capital Value (CV) increase of 34.48%, from $1,450,000 in 2017 to $1,950,000 as of June 2021. HouGarden's AVM estimates the property's worth at $1,815,000, while the latest sales history shows a jump from $573,000 in 2003 to $1,000,000 in 2015.

With a decile 10 rating, St Thomas School is within the zone, alongside the highly regarded Glendowie College and Selwyn College. This addresses the educational needs of families with children of all ages. The property's location provides easy access to regular bus services on Panapa Drive, adding to its appeal.

Boasting an open-plan design with ample natural light, a modern kitchen, and a master bedroom complete with an ensuite and walk-in wardrobe, this home offers both comfort and potential for further value creation. Set back from the road, it provides privacy, a double garage with internal access, a separate laundry, and ample off-street parking.

Updated on June 21, 2024