85 Panama Road, Mt Wellington

Auction Wednesday 30th July 2025(Unless sold prior)

3 Bed
1 Bath
1 Lounge
1 Garage
2 Carport

Open homes

Saturday 2nd Aug
1:00pm - 1:30pm
Sunday 3rd Aug
1:00pm - 1:30pm

Urgent: 1464m² Land Bank Development Opportunity


Don't miss this golden chance to maximise your investment. The vendor is determined to sell!

This 1464m² (approx.) freehold property, zoned Terrace and Apartment under the Auckland Unitary Plan, offers an exciting development opportunity in central Auckland. The current resource consent application for 12 new residential dwellings is in the final stage of council approval. Regarding the drainage connection and sewage onsite, the vendor has already paid a $9,000 deposit to Kainga Ora to access stormwater facilities next door, ensuring a smooth development process.

Located in Mt. Wellington, this property provides a metropolitan edge with an established neighborhood, can walk to Sylvia Park, IKEA and all directional motorways. The future potential is undeniable.

Currently on-site is a charming early-century 3-bedroom, 2-bathroom home with a cozy, traditional living design. It also features a multifunctioning detached garage and workshop, making it an ideal rental while you plan your development or keep for land bank.

This is a must-see opportunity for investors seeking high returns. The vendor is motivated to sell. Don't wait - view this property now!

Property details

Location:
85 Panama Road, Mt Wellington
Property type:
House
Land area:
1464m²
Bedrooms:
3
Bathrooms:
1
Conservatory:
1
Separate Laundry:
1
Separate Lounge:
1
Garaging:
1
Carport:
2
Property ID:
915804
Title(s), Stormwater Report, Resource Consent Application, Site Notice, LIM - Land Information Memorandum, Auction Particulars & Conditions of Sale

Auction details

Distance to schools is as the crow flies and is provided as an estimate only. Source: Ministry of Education

In zone schools

Other nearby schools

  • Mt Richmond School 1.6 km
  • Anchorage Park School 1.6 km
  • Riverina School 1.7 km
  • Pacific Advance Secondary School 1.8 km
  • Sylvia Park School 2.0 km
  • McAuley High School2.0 km
  • Otahuhu School2.0 km
  • St Joseph's School (Otahuhu)2.0 km
  • Edgewater College2.2 km
  • Fairburn School2.3 km
  • Pakuranga Intermediate2.7 km
  • Wymondley Road School2.7 km
  • St Patrick's School (Panmure)2.8 km
  • Saint Kentigern College2.9 km
  • Atea College2.9 km
10 more schools

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