Nestled in the tranquility of a quiet cul-de-sac at 58a Malvern Road, Morningside, Auckland, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1950 with brick walls and tiled roofing, the property presents an average condition both inside and out, sitting on a level contour. It is owned under a Cross-Lease title, which adds to its unique character.
With a current Capital Value (CV) of $880,000 as of June 2021, this property has seen a remarkable increase of 46.67% from its previous CV of $600,000 in July 2017. The HouGarden AVM estimates the property's value at $842,500, while the latest sale records from February 2024 indicate a transaction at $800,000, a significant leap from the sale in October 1992 at $93,000.
For families with school-aged children, this property falls within the catchment area of several reputable schools. Pasadena Intermediate and Western Springs College both hold a decile rating of 8, while Mt Albert School, Mt Albert Grammar School, and Kowhai Intermediate School are rated at 6, 7, and 7 respectively. Auckland Girls' Grammar School, a secondary school with a decile rating of 3, is also within easy reach.
Updated on April 10, 2024