Nestled at 13 Morriggia Place, Bayview, Auckland, on a Freehold titled section, this residential property boasts 5 bedrooms, 2 carparks, and a floor area of 160 square meters on a sprawling 989 square meter land. Constructed in 1970 with average condition Fibrous Cement walls and Iron roofing, it presents a prime opportunity for developers, renovators, or buyers seeking a substantial family home with potential for passive income. The property's Capital Value (CV) has seen a remarkable increase of 76% from $810,000 in 2017 to $1,425,000 as of June 2021. HouGarden's AVM estimates the property's value at $1,392,500, making it an attractive prospect in a rapidly appreciating market.
With a history of recent sales and a CV that speaks of growth, 13 Morriggia Place is set in a quiet cul-de-sac, enhancing privacy and tranquility. The property's potential is further bolstered by its proximity to Bayview School, a Contributing school with a decile rating of 7, and Glenfield Intermediate School, rated decile 6. This established neighborhood is not only family-friendly but also fosters an active and social community.
For those with an eye on education, this property falls within a sought-after school zone. The combination of a strong CV growth trajectory, a high-performing school network, and the potential for subdivision, as evidenced by neighboring properties, makes 13 Morriggia Place a compelling investment opportunity.
Updated on August 30, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | 100m2 | Year 2024 Month 12 Day 13 | - | Council approved | |
 | 0.10 km | 3 | 1 | 160m2 | Year 2024 Month 11 Day 20 | $920,000 | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 01 | $705,000 | Council approved | |
 | 0.16 km | 3 | 1 | 0m2 | Year 2024 Month 08 Day 01 | $880,000 | Council approved | |
 | 0.17 km | 2 | 1 | 0m2 | Year 2024 Month 08 Day 01 | $829,000 | Council approved |