4/68 Malvern Road, Morningside, Auckland

Nestled in a serene cul-de-sac at 4/68 Malvern Road, Morningside, Auckland, this residential unit title property boasts 3 bedrooms and a spacious floor area of 103 square meters. Constructed in 1960 with concrete walls and an iron roof, both in average condition, the property exudes a charming blend of vintage appeal and modern comforts. The capital value has seen a remarkable increase from $880,000 in 2017 to $1,300,000 as of June 2021, reflecting a growth rate of 47.73%. The property is not only centrally heated with gas but also features a heat pump for year-round comfort.

With a HouGarden AVM valuation of $1,245,000 and a sales history including $545,000 in 2011 and $474,000 in 2009, this property presents a sound investment opportunity. The latest addition of a large studio at the rear adds versatile space for work or guests. The location is second to none, with Fowlds Park nearby and a plethora of culinary options in Morningside Precinct and Kingsland village, complemented by excellent transport links and a school zone that includes highly-rated Pasadena Intermediate, Western Springs College, and others.

For families with educational considerations, the property falls within the zones of several esteemed schools, including Mt Albert School with a decile rating of 6, and both Mt Albert Grammar School and Western Springs College at decile 8. Auckland Girls' Grammar School is also within reach, offering diverse educational opportunities for children of all ages.

Updated on October 08, 2024