190 Mount Wellington Highway, Mount Wellington, Auckland

Nestled in the heart of Mount Wellington, this freehold property at 190 Mount Wellington Highway is a gem, boasting 3 one-bedroom units with brick exterior and tile roofing, constructed in 1969. Each unit features a spacious double bedroom, an open-plan kitchen, dining, and living area, complemented by separate shower rooms, WC, and laundry facilities. The Healthy Homes certification and newly installed Fujitsu heat pumps add to the appeal. With a floor area of 143 square meters and a land area of 688 square meters, these units also come with secure garages and additional car spaces. The property's prime location offers easy access to public transport and major motorways, with Sylvia Park Shopping Centre within walking distance.

From a financial perspective, the property has seen a significant Capital Value increase of 48.15% from $1,080,000 in 2017 to $1,600,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,562,500. This is a sound investment opportunity in a mixed-use zone, with potential for further development.

For families, the property falls within the zones of Baradene College (decile 9), One Tree Hill College (decile 3), and Panmure District School (decile 2), offering a range of educational options for children of different ages.

Updated on August 21, 2024