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Back 281 Penrose Road
Off Market

281 Penrose Road

Mount Wellington Auckland

3
1
1
102 m²
842 m²
House
Gin TonumaliiGin Tonumalii, last sold this property on 23 February 2026 after 20 days on market.

Overview

THAB ZONED | 842sqm | PRIME PROPERTY

Flat, front 842sqm freehold site in the Terrace House & Apartment Building (THAB) Zone, positioned for intensive residential development. Additional upside exists under Council Proposed Plan Change 120, with further potential if combined with the neighbouring corner property also for sale (combined 2,021sqm). Key Features: • 842sqm freehold land • THAB zoning • Flat, front site • Neighbouring corner site available (2000+sqm combined) • Walk to Sylvia Park Train Station • Fast access to motorways, Sylvia Park & IKEA • Ideal for developers/land bankers For further information, contact Gin on 021 111 7771. CONJUNCTIONS WELCOME BY ALL AGENCIES. Disclaimer - This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
102 m² floor area
842 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Wellington over the last 12 months, the estimated median property value of 281 Penrose Road is $901k.

Median value
$901k
Estimated value range
$606.5k - $1.8m
Median days on market
31
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mount Wellington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 281 Penrose Road

2026
Sold
Undisclosed
23 Feb 2026 by Gin Tonumalii, of Ray White Manukau(A T Realty Ltd)

Happy sellers in Mount Wellington

73%
73% 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 207 reviews in Mount Wellington over the last 12 months.

Local market activity for 3 bedroom houses in Mount Wellington

In the last 12 months, 142 three-bedroom houses similar to 281 Penrose Road, have been sold.

This represents a 28% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

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

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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   (148 reviews)
  •  29 Reviews in Mount Wellington
  •  17 Sales in Mount Wellington
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Thomas Garcia

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

  •   5   (78 reviews)
  •  17 Reviews in Mount Wellington
  •  18 Sales in Mount Wellington
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Benjamin Neal

Benjamin Neal is an award winning recommended agent for Mount Wellington.  They have 22 local sales and collected 17 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  17 Reviews in Mount Wellington
  •  22 Sales in Mount Wellington
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Duke Yu

Duke Yu is a recommended agent for Mount Wellington.  They have 14 local sales and collected 13 local reviews across the last 12 months.

  •   4.9   (50 reviews)
  •  13 Reviews in Mount Wellington
  •  14 Sales in Mount Wellington
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