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48 Kiato Lane, Flat Bush, Auckland - Manukau, 2 Bedrooms, 1 Bathrooms, Townhouse

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 19

48 Kiato Lane, Flat Bush, Auckland - Manukau

2
1
79m2
77m2

Step into tranquility with our latest offering – a brand-new, freehold property nestled in the serene Kiato Lane of Flat Bush, Auckland. This 2-bedroom, 1-bathroom residence, built with a mix of durable materials, stands on a level 77sqm section with a robust iron roof and good wall condition. Enjoy the ease of a lock-and-go lifestyle in this 79sqm floor area home, which includes a modern kitchen with Bosch appliances and a designer stone benchtop. The property, valued at $775,000 according to the latest government valuation, has seen a significant increase in its capital value. The HouGarden AVM estimates it at $755,000, reflecting a promising investment opportunity. With no car parks, this home is perfect for those who seek a low-maintenance, environmentally conscious living, with convenient access to public transport and proximity to Nikau Primary School, enhancing its appeal for families.

History shows a consistent rise in the property’s capital value, with a notable percentage increase over the recent years. The recent sale history and rapid CV growth indicate a high demand for properties in this sought-after location. This well-positioned home in a quiet cul-de-sac is not only an ideal living space but also a wise investment choice.

For families with children, the school zone is a significant plus. The property falls within the catchment area of highly rated schools, including Nikau Primary, ensuring a quality education for your little ones. This, coupled with the property’s convenient location and growing capital value, makes it an attractive package for those seeking a sound investment and a nurturing environment for their family.

Updated on August 29, 2024

Council Data

Last update : 2025 01 22
Improvement value$285,000
Land value$490,000
CV(Year 2021 Month 06)$775,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area77m²
Floor area79m²
Decade of construction2024
Title1151279
Type of titleFreehold
Legal descriptionLOT 205 DP 585466, LOT 372 DP 585466, LOT 72 DP 596047
CouncilAuckland - Manukau
Estate descriptionFSIM,1/1,LOT 72 DEPOSITED PLAN 596047 AND LOT 372 DEPOSITED PLAN 585466,77m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Uho O Te Nikau Primary School
0.38 km
Primary
1-6
Government
Co-Educational
EQI: 415
7
Ormiston Primary School
1.30 km
Primary
1-6
Government
Co-Educational
EQI: 384
7
Ormiston Junior College
1.39 km
Secondary
7-10
Government
Co-Educational
EQI: 429
7
Ormiston Senior College
1.47 km
Secondary
11-15
Government
Co-Educational
EQI: 444
7
Mission Heights Junior College
1.47 km
Secondary
7-10
Government
Co-Educational
EQI: 404
7
Mission Heights Primary School
1.65 km
Primary
1-6
Government
Co-Educational
EQI: 365
8
Chapel Downs School
2.64 km
Primary
1-6
Government
Co-Educational
EQI: 487
2
Baverstock Oaks School
2.78 km
Primary
1-6
Government
Co-Educational
EQI: 384
6
Sancta Maria Catholic Primary School
3.02 km
Primary
1-6
Government
Co-Educational
EQI: 374
5
Sancta Maria College
3.11 km
Secondary
7-15
Government
Co-Educational
EQI: 390
7

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:77m²
Title:Freehold

Surrounding facilities

Kiato Lane Neighborhood and Surrounding Data

Suburbs

Data analysis - Flat Bush properties data
Flat Bush property trend
Year
Median price
Growth
Sales count
2024
$697,500
-3.8%
28
2023
$725,000
-9.4%
25
2022
$800,000
-3%
39
2021
$825,000
14.7%
35
2020
$719,000
-25.5%
21
2019
$965,000
22.7%
10
2018
$786,760
2.2%
26
2017
$769,990
15.2%
6
2016
$668,586
-6.2%
12
2015
$712,500
-11%
33
2014
$800,750
-
44

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
40 Kiato Lane, Flat Bush
0.01 km
2
1
78m2
Year 2024 Month 12 Day 01
$658,000
Council approved
42 Kiato Lane, Flat Bush
0.01 km
2
1
-m2
Year 2024 Month 11 Day 01
$660,000
Council approved
25 Papatahi Lane
0.05 km
3
6
133m2
Year 2024 Month 10 Day 01
$855,000
Council approved
44 Kiato Lane, Flat Bush
0.01 km
2
1
-m2
Year 2024 Month 09 Day 01
$665,000
Council approved
46 Kiato Lane, Flat Bush
0.01 km
2
1
-m2
Year 2024 Month 09 Day 01
$665,000
Council approved

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