Nestled in the heart of Matakana, this 3-bedroom weatherboard cottage on 915 square metres of freehold land is a rare gem with immense potential. Constructed in 1940 with iron roofing and wooden walls in average condition, it offers a prime location in a quiet cul-de-sac. The property, valued at $1,125,000 as per the latest government valuation, has seen a 56.25% increase since 2017. With a HouGarden AVM of $1,030,000 and a latest sale price of $1,215,000 in 2024, it presents a lucrative investment opportunity. It's perfect for rental income, redevelopment, or as a base for a home business, given its proximity to commercial neighbors like Matakana Liquor Centre and Rusty Pelican Restaurant. The property falls within the Matakana School zone with a decile rating of 9 and Mahurangi College with a decile rating of 7, ensuring quality education for the family.
Boasting a strategic Business - Local Centre Zone, this property is at the doorstep of the region's best beaches, parks, and amenities, making it a central hub for tourism and local activities. With a rich history and potential for growth, 979 Matakana Road is a golden opportunity in the popular holiday precinct of Matakana.
Located in a sought-after school zone, the property is ideal for families. Matakana School, a contributing school with a decile rating of 9, and Mahurangi College, a secondary school with a decile rating of 7, provide quality education. The area's thriving business scene and easy access to various recreational activities make this property a perfect blend of investment and lifestyle.
Updated on December 04, 2024