48 Malaspina Place, Papatoetoe, Auckland - Manukau

Nestled at 48 Malaspina Place, Papatoetoe, Auckland, this residential apartment boasts a prime location and immense potential. The 1-bedroom, 1-bathroom unit with 2 car parks is set on a level contour, featuring a mixed-material exterior and an iron roof, both in good condition. Built in 2004, this Unit Title property offers a low-maintenance lifestyle with a floor area of 52 square meters. The government's capital value has seen a significant increase from $390,000 in 2017 to $500,000 as of June 2021, marking a growth of 28.2%. The HouGarden AVM estimates the property at $455,000, while the latest sales were recorded at $195,000 in 2008 and $172,000 in 2007.

For families, the property is zoned for Papatoetoe North School, Kedgley Intermediate, and Aorere College, all with a decile rating of 2. This cozy home is not only an ideal investment or renovation project but also a perfect downsizing option. Its key features include a blank canvas studio, dedicated car parks, and the serene Kohuora Park just across the road. The property's proximity to Middlemore Hospital, excellent transport links, quick connections to SH1 & SH20, and the Auckland Airport further enhance its appeal.

Embrace the opportunity to transform this property into your dream home, all while reaping the benefits of a rapidly appreciating capital value in a sought-after school zone.

Updated on December 09, 2024