1/25 Panama Road, Mount Wellington, Auckland

Nestled in the serene cul-de-sac of 1/25 Panama Road, Mount Wellington, this freehold property is a charming residential unit. It boasts 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 84 square meters and a land area of 92 square meters. Constructed with a robust fibrous cement exterior and an iron roof, this property is only a few years old, built in 2024, and is in good condition both in walls and roof. The contour of the land is an easy/moderate rise, adding to the appeal of this ownership home unit.

As per the latest valuation records, the capital value as of June 1, 2021, is $910,000, with the HouGarden AVM estimating it at $887,500. Notably, the property was sold most recently on July 3, 2024, for $750,000, indicating a potential for capital value growth.

In terms of education, this property falls within a highly sought-after school zone, with schools boasting impressive decile ratings, ensuring a quality education for the family.

Updated on August 14, 2024