280 Panama Road, Mount Wellington, Auckland

Nestled at 280 Panama Road, Mount Wellington, Auckland, this freehold property is a Residential Dwelling that has been lovingly maintained since 2000. The 178sqm floor area is complemented by a spacious 461sqm land, with mixed-material walls and an iron roof in good condition. It boasts 4 bedrooms and is situated in a level contour, providing a serene and private environment in this quiet cul-de-sac. The property has seen a significant Capital Value increase of 40%, from $1,050,000 in 2017 to $1,470,000 as of June 2021. The HouGarden AVM estimates it at $1,324,500, while the latest sales history shows a jump from $97,500 in 1997 to $515,000 in 2011.

With a riverfront location that promises tranquility, this home is perfect for water-sport enthusiasts, families, retirees, or professionals seeking convenience. The downstairs open-plan living, dining, and kitchen flow out to a covered patio, offering majestic water views. Upstairs, four bedrooms, including two north-facing ones, provide ample space and natural light. This unique property also includes three off-street car parks and a covered carport, ideal for watercraft storage. Close to Sylvia Park and major arterials, with easy access to State Highway 1 and the airport, this is a rare opportunity not to be missed.

For families with school-aged children, the property falls within the Otahuhu College zone, a Secondary school with a decile rating of 1. This waterfront wonder offers an entertainer's oasis, combining the convenience of city living with the tranquility of a water-edge haven.

Updated on August 12, 2024