Located at 1 Malam Street, Glen Eden, Auckland - Waitakere, this property presents a unique opportunity with its 2 bedrooms, 1 bathroom, and 1 carpark, spread over a floor area of 89m2 on a generous land area of 881m2. Built in the 1920s, this home boasts a wood wall construction and iron roof, both in good condition, and sits on an easy/moderate rise contour. It is categorized under Residential - Vacant land multiple housing and comes with a Freehold ownership type, making it an ideal choice for those seeking a blend of historical charm and modern living.
Over the years, the capital value of this property has seen a significant increase, from $780,000 in July 2017 to $1,520,000 in June 2021, marking a 94.87% growth. The HouGarden AVM estimates its value at $1,455,000. Its sale history reveals a steady appreciation, with the latest transactions recorded at $315,000 in April 2006 and $190,500 in June 2001. This property's value growth and the loving care by its owners, who have maintained it to a high standard, make it an attractive investment.
For families, the property's location within the school zones of Kelston Intermediate (decile 2), Kelston Boys' High School (decile 3), Glen Eden School (decile 3), and Kelston Girls' College (decile 2) adds to its appeal, offering a range of educational options. The schools' decile ratings reflect a commitment to providing quality education, making this home an excellent choice for those prioritizing their children's learning environment.
Updated on April 05, 2024.