Sold
407 Ellerslie-Panmure Highway,
Mount Wellington, Auckland City
Price withheld
Property details
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Agents
Ray White Remuera: Megan Jaffe Real Estate Ltd Licensed (REAA 2008)
411 Remuera Road, Remuera Auckland City 1050
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North Mount Wellington Quadruple Income Cash Cow
To be sold for the first time in 70 years! A winning recipe of a large floor area, land area and freehold title. With a total of 10 bedrooms, 4 living areas and 4 bathrooms, this versatile offering represents a risk split for savvy buyers whether it be homeowners, investors, land bankers and developers.
Panmure Train Station and main bus routes are just a stone's throw away. Mount Wellington property has experienced a surge in popularity due to balance between proximity and affordability so be quick to view this wonderful opportunity.
Features:
• Elevated 2,175sqm section 440sqm total floor area
• Set back from the street
• Aluminium joinery throughout
• In zone for Stanhope Road School, One Tree Hill College and Baradene College
• Combined rental estimate of $2,395 per week
• Rental estimate for the main house - $715 per week
• Rental estimate for each unit - $560 per week
• Superb North Mount Wellington Location
• Located near Lunn Avenue, Sylvia Park, and easy motorway access
• Super handy address on arterial route
• Leafy green/ rural surroundings
• Bears its own dedicated sole use private driveway
• Views of Mount Wellington
• 15 minute walk to Mount Wellington Summit
• 15+ freestanding car spaces
• Freestanding oversized double garage/ workshop
Buildings include:
Main house:
• Brick & tile
• Four double bedrooms
• One bathroom
• Double internal garage
Three units:
• Brick & tile
• Two bedrooms
• One bathroom
• Separate laundry
• Single garage per unit
This offering not only presents an excellent cash flow opportunity but also holds great potential for future development. The three independent units provide flexibility for various purposes, making it an enticing prospect for those looking to maximise returns.
Motivated vendors who are not testing the market.
Call Hamish or Alice for a private viewing today.
Panmure Train Station and main bus routes are just a stone's throw away. Mount Wellington property has experienced a surge in popularity due to balance between proximity and affordability so be quick to view this wonderful opportunity.
Features:
• Elevated 2,175sqm section 440sqm total floor area
• Set back from the street
• Aluminium joinery throughout
• In zone for Stanhope Road School, One Tree Hill College and Baradene College
• Combined rental estimate of $2,395 per week
• Rental estimate for the main house - $715 per week
• Rental estimate for each unit - $560 per week
• Superb North Mount Wellington Location
• Located near Lunn Avenue, Sylvia Park, and easy motorway access
• Super handy address on arterial route
• Leafy green/ rural surroundings
• Bears its own dedicated sole use private driveway
• Views of Mount Wellington
• 15 minute walk to Mount Wellington Summit
• 15+ freestanding car spaces
• Freestanding oversized double garage/ workshop
Buildings include:
Main house:
• Brick & tile
• Four double bedrooms
• One bathroom
• Double internal garage
Three units:
• Brick & tile
• Two bedrooms
• One bathroom
• Separate laundry
• Single garage per unit
This offering not only presents an excellent cash flow opportunity but also holds great potential for future development. The three independent units provide flexibility for various purposes, making it an enticing prospect for those looking to maximise returns.
Motivated vendors who are not testing the market.
Call Hamish or Alice for a private viewing today.
Explore the area
School catchments
- Stanhope Road School Full primary Years 1-8 State 0.47km
- Panmure District School Full primary Years 1-8 State 0.75km
- Stonefields School Full primary Years 1-8 State 0.96km
- Auckland Montessori College Secondary Years 7-15 Private 1.5km
- Atea College Composite Years 1-15 Private 1.6km
- Bailey Road School Full primary Years 1-8 State 1.7km
- Sylvia Park School Full primary Years 1-8 State 1.9km
- St Patrick's School (Panmure) Full primary Years 1-8 State integrated 1.9km
- Michael Park School Composite Years 1-15 State integrated 1.9km
- Ruapotaka School Full primary Years 1-8 State 2.3km
- Panmure Bridge School Full primary Years 1-8 State 2.5km
- Tāmaki School Full primary Years 1-8 State 2.5km
- One Tree Hill College Secondary Years 9-15 State 2.8km
- Mt Carmel School (Meadowbank) Primary Years 1-6 State integrated 2.8km
- Ellerslie School Full primary Years 1-8 State 2.8km
- Meadowbank School Primary Years 1-6 State 2.9km
- Riverina School Primary Years 1-6 State 2.9km
- TKKM o Puau Te Moananui-a-Kiwa Composite Years 1-15 State 3.3km
- Tamaki College Secondary Years 9-15 State 3.4km
- Saint Kentigern College Secondary Years 7-15 Private 3.7km
- Selwyn College Secondary Years 9-15 State 3.8km
- Sacred Heart College (Auckland) Secondary Years 7-15 State integrated 4.4km
- Edgewater College Secondary Years 9-15 State 4.4km
- Glendowie College Secondary Years 9-15 State 4.7km
- Baradene College Secondary Years 7-15 State integrated 4.7km
- A1 Student School Composite Years 1-15 Private 5.1km
- Pacific Advance Secondary School Secondary Years 9-15 State 5.1km
- Dilworth School Composite Years 1-15 Private 5.3km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Hamish Hargrave
Contact Hamish Hargrave
Hamish Hargrave
407 Ellerslie-Panmure Highway, Mount Wellington 1060
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Hamish Hargrave
407 Ellerslie-Panmure Highway, Mount Wellington 1060