RateMyAgentGo to search
Back 1-4/15 Panama Road
Off Market

1-4/15 Panama Road

Mount Wellington Auckland

8
4
4
383 m²
1115 m²
Unit
Last sold for $2,275,000
Charlotte LyonsCharlotte Lyons, last sold this property on 03 December 2025 after 21 days on market.

Overview

Deceased Estate - 4 Units Returning $124,020 p.a

Currently returning approx. $2,385 per week ($124,020 p.a.), all units are Healthy Homes compliant, providing strong holding income while future options are explored. Zoned Terrace Housing and Apartment Building (THAB), this site offers outstanding potential for multi-level development (subject to Council approval). Comprising four individual titles, well-maintained two-bedroom units, one an expansive 120m2 the property sits on a generous 1,115m2 (more or less) freehold site. Key Highlights: - Total land (1115m2) and floor areas are (384m2) combined - THAB zoning - ideal for development - Four x 2-bedroom units, 3 x 88m2 and 1 x 119m2 (approx.) - All with their own Garage! - Solid rental return, all under a periodic tenancy - Close to transport, schools, and retail With figures that speak for themselves, this impeccably cared-for investment delivers strong returns, steady income, and excellent tenancy. Opportunities of this calibre, combining quality, scale, and long-term potential, are rarely available. All Conjuncting agents welcome.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
383 m² floor area
1115 m² lot size
Unit

Estimated Value

We need at least 3 similar 8 bedroom units sold in Mount Wellington over the last 12 months.

Property history for 1-4/15 Panama Road

2025
Sold
$2,275,000
03 Dec 2025 by Charlotte Lyons, of Ray White Parnell (JQ Real Estate Limited Licensed (REAA 2008))

Happy sellers in Mount Wellington

74%
74% of sellers in Mount Wellington reported that their sale price either exceeded or met their price expectations.

Mount Wellington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 206 reviews in Mount Wellington over the last 12 months.

Local market activity for 8 bedroom units in Mount Wellington

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Wellington

placeholder
Hamish Hargrave

Sellers who recommend Hamish Hargrave have praised them for being clear communication, local expert, supportive, friendly, hard-working, honest and easy to work with

  •   5   (147 reviews)
  •  29 Reviews in Mount Wellington
  •  17 Sales in Mount Wellington
View profile
placeholder
Benjamin Neal

Benjamin Neal is an award winning recommended agent for Mount Wellington.  They have 21 local sales and collected 17 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  17 Reviews in Mount Wellington
  •  21 Sales in Mount Wellington
View profile
placeholder
Thomas Garcia

Sellers who recommend Thomas Garcia have praised them for being local expert, clear communication, hard-working, dedicated, friendly, proactive and strategic

  •   5   (76 reviews)
  •  16 Reviews in Mount Wellington
  •  20 Sales in Mount Wellington
View profile
placeholder
Duke Yu

Duke Yu is a recommended agent for Mount Wellington.  They have 14 local sales and collected 14 local reviews across the last 12 months.

  •   4.9   (50 reviews)
  •  14 Reviews in Mount Wellington
  •  14 Sales in Mount Wellington
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap