Nestled on a serene cul-de-sac at 8 Matipo Road, Te Atatu Peninsula, this freehold property is a charming residential haven with income potential. Constructed in 1992 with iron roofing and plastic exterior walls in good condition, the 4-bedroom, 2-bathroom home spans a floor area of 119sqm on a levelled 741sqm section. It boasts a north-facing deck, a study nook, and a family/dining area. The property includes off-street parking for two cars and a bonus space for a boat or trailer. The previous owners considered a minor dwelling, but chose to relish the fully fenced, fruit-tree-laden garden, which now includes plum, avocado, feijoa, lemon, and grapefruit. The property's Capital Value (CV) has seen a 32.94% increase from $962,850 in 2017 to $1,280,000 as of June 2021. The HouGarden AVM estimates it at $1,054,500, while the latest sale was in 2012 for $541,000. For families, the property falls within the zones of Matipo Road School (Decile 7), Te Atatu Intermediate (Decile 6), Rutherford College (Decile 5), and St Paul's School (Massey) (Decile 4), ensuring quality education options.
Updated on May 18, 2024