Nestled in the serene Papatoetoe, 14 Malte Brun Place boasts a freehold status on a 601sqm level plot. This 1984-built home with fibrous cement walls and tiled roof has 3 bedrooms, 1 bathroom, and a single car park. The property's Capital Value (CV) has seen a remarkable increase of 41.89% from $740,000 in 2017 to $1,050,000 as of June 2021. The HouGarden AVM estimates it at $1,057,500, while the latest sale was recorded in 1987 for $27,000. This home, with its solid structure, invites DIY enthusiasts and investors to unlock its potential.
With a CV growth that outpaces the market, this property is not just an investment but a golden opportunity. The government's valuation history and the AVM reflect a consistent rise in the property's worth, making it an attractive prospect for the discerning buyer. The latest sale price is a testament to the area's growth and potential.
For families, the property falls within the decile 2 school zones of Papatoetoe North School, Kedgley Intermediate, and Aorere College. These educational institutions are a testament to the area's commitment to providing quality education. Whether you're looking to raise a family or invest in a property with excellent school options, this home is strategically located to cater to your needs.
Updated on September 27, 2024