This charming 1950s weatherboard dwelling located at 60 Te Koa Road, Panmure, Auckland - City, offers a solid construction and an appealing aesthetic. The property features three bedrooms, one bathroom, and a carpark, covering a floor area of 90 square meters. It is a Cross-Lease title under the Residential - Dwelling category. The house is built with wood walls and tile roofing, both in average condition, and sits on a level contour, making it an attractive option for various buyers.
Since its last government valuation in June 2021 at $1,000,000, the property has seen a significant capital value increase of 47.06% from its 2017 valuation of $680,000. The HouGarden AVM estimates its value at $960,000, while the latest sale in February 2024 fetched $880,000, indicating a steady appreciation in value. This growth reflects the property's solid investment potential and its appeal in the current market.
Located in a prime area for education, the property falls within the zones of high-decile schools including Baradene College (Decile 9), and lower-decile schools such as Tamaki College and Panmure Bridge School (both Decile 1), offering a range of educational opportunities. Its proximity to Panmure's train station further enhances its appeal to commuters, making it an ideal location for families, retirees, or young couples looking to establish their roots in a serene yet conveniently located neighborhood.
Updated on April 05, 2024.