387c Ellerslie-Panmure Highway, Mount Wellington, Auckland

Located at 387c Ellerslie-Panmure Highway, Mount Wellington, Auckland - City, this residential property stands as a testament to modern living with its 4 bedrooms and a floor area of 130 square meters, set on a 92 square meter freehold land. The property boasts mixed materials for its walls and an iron roof, both in good condition, reflecting its recent construction in 2023. Despite its contemporary build, the property does not include car parking facilities, and the bathroom count remains unspecified. The level contour of the property further complements its modern architecture, making it a desirable home unit within a residential category.

The property's financial journey has been noteworthy, with a capital value of $730,000 recorded on June 1, 2021. However, a recent valuation by HouGarden suggests a slight decrease to $720,000. Contrary to this, the latest sale on August 8, 2023, significantly exceeded expectations, closing at $1,035,000. This sale indicates a remarkable growth in capital value, showcasing the property's increasing market appeal and investment potential.

While specific school zoning information is not provided, the property's location in Mount Wellington, a suburb known for its quality educational institutions, suggests access to reputable schools. Prospective buyers with families will find this aspect particularly appealing, as the area is known to cater to a range of educational needs, ensuring a solid foundation for children's academic growth.