Sold

3L Mountain Road,
Mount Wellington, Auckland City

1 bedroom
1 bathroom
1 car space
House

Price withheld


Property details

THROW IT ON THE CREDIT CARD!

7.5% Gross Yield - it doesn't get much better than this!

Act fast - opportunities like this are as rare as hen's teeth!

With bank term deposit rates dwindling, there's never been a better time to move your capital into tangible real estate. Secure a remarkable 7.5% gross yield and enjoy the added potential for capital growth. At this price, it's an opportunity that simply won't last.

Location is everything when it comes to smart investing, and this desirable block delivers unbeatable convenience at a price that seems almost unbelievable in today's market.
Refreshed, upgraded, and move-in ready, this comfortable one-bedroom, one-bathroom unit includes an allocated car park and sits less than 600m from Panmure Train Station. Cost-effective real estate has never looked so attainable. Whether you're securing your first home, a lock-up-and-leave for out-of-towners, or a low-maintenance investment to keep your capital safe while earning a fantastic return.

Perfectly positioned between shopping, dining, and entertainment options at Lunn Ave, Ellerslie Village, and Sylvia Park, with SH1 and key arterial routes close by. For leisure, enjoy weekends climbing Mt Maungarei, strolling around Panmure's idyllic basin, or exploring the Dunkirk Reserve trail with stunning views across the Tamaki Estuary to Half Moon Bay.

This is smart buying - high yield, low risk, and priced to sell. Don't let it slip away!

Buyers please note: Floor size is 36sqm. Banks typically require increased deposit/equity to meet lending criteria. Contact your broker or bank for further information.

For auction sales results from Ray White Ellerslie, other sales stats for Mt Wellington and local suburbs, new listings and market news check out www.facebook.com/MtWellingtonRealEstate.

Explore the area


School catchments

  • Panmure District School Full primary Years 1-8 State 0.59km
  • Atea College Composite Years 1-15 Private 0.99km
  • Stonefields School Full primary Years 1-8 State 1.0km
  • Stanhope Road School Full primary Years 1-8 State 1.2km
  • St Patrick's School (Panmure) Full primary Years 1-8 State integrated 1.3km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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