35 Matipo Road, Mairangi Bay, Auckland - North Shore

Nestled in the highly sought-after location of Mairangi Bay, North Shore, Auckland, this freehold property at 35 Matipo Road boasts 4 bedrooms, a single carpark, and a generous floor area of 170 square meters on an 809 square meter section. Constructed in 1960 with wood walls and an iron roof, both in average condition, this property presents a versatile living space with a potential dual income from its converted dwelling to flats. The capital value has seen a significant increase of 38.79% from $1,070,000 in 2017 to $1,485,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,470,000, while the latest sale on October 7, 2022, fetched an impressive $1,886,000.

With a CV increase that outpaces the market average, this property is not just a home but a sound investment. It is zoned for top-performing schools, including Mairangi Bay Primary (decile 10), Murrays Bay Intermediate (decile 10), Rangitoto College (decile 10), and Westlake Girls' High School (decile 9), making it an ideal choice for families seeking an unbeatable education for their children.

Set in a quiet cul-de-sac, the property is mere minutes away from Mairangi Bay School, the village, beach, cafes, and the Pupuke Golf Course. This is a prime development opportunity that combines the benefits of a thriving community, excellent schools, and potential for further enhancement, making it an attractive package for developers, investors, and families alike.

Updated on November 08, 2024