16 Panehe Lane, Mount Wellington, Auckland

Discover the epitome of modern living at 16 Panehe Lane, Mount Wellington, Auckland - City. This freehold terraced home boasts 2 bedrooms, 1 bathroom, and 1 carpark, spread across a generous floor area of 75m² on a 114m² land parcel. Constructed in 2023 with mixed materials for the walls and an iron roof, both in good condition, it stands on a level contour, offering a blend of durability and aesthetic appeal. The property falls under the 'Residential - Ownership home units' category, designed thoughtfully to cater to various life stages, from working professionals to retirees. Its open-plan kitchen and living area, leading to a sun-bathed large courtyard, alongside two light-filled double bedrooms upstairs, make it an ideal choice for those seeking a blend of comfort and style.

The property has witnessed a steady increase in value, with a capital value of $735,000 as of June 2021, and a HouGarden AVM of $705,000. The latest sale, on February 5, 2024, reached $800,000, marking a significant appreciation from its previous sale at $754,671 on January 19, 2021. This growth trajectory underscores the property's investment potential and its appeal in the market.

Located within the Otahuhu College school zone, which is a secondary school (Year 9-15) with a decile rating of 1, the property promises a conducive environment for educational growth. The Richmond community, where the property is situated, is master-planned with amenities such as parks, a gymnasium, and a community clubhouse, enhancing the living experience. Its proximity to Sylvia Park, New Zealand's largest shopping centre, and easy access to train stations and the CBD, further adds to its allure.

Updated on April 05, 2024.