20 Malabar Drive, Ellerslie, Auckland

Nestled in the tranquility of a quiet cul-de-sac at 20 Malabar Drive, Ellerslie, Auckland, this charming freehold property boasts a capital value that has seen a remarkable increase of 25.68% from $1,850,000 in 2017 to $2,325,000 as of June 2021. The 215sqm floor area is complemented by a spacious 867sqm section, featuring 5 bedrooms, and a mix of wooden weatherboard exterior with an iron roof in average condition, dating back to 1960. The property's contour allows for easy to moderate fall, enhancing its natural charm.

With a HouGarden AVM of $2,230,000 and the latest sale recorded at $1,620,000 in 2019, this property presents a sound investment opportunity. The open plan living and dining downstairs, along with the sunny upstairs deck, provide ample space for entertainment and relaxation, while the tree-filled yard is perfect for children and pets to roam.

Educationally, the property falls within the zones of highly rated schools, including Baradene College (Decile 9) and Ellerslie School (Decile 9), with easy access to Michael Park Steiner School. This family-friendly neighbourhood is not only convenient for education but also for commuting, being close to the train station and motorway arterials.

Updated on October 11, 2024