55 Matarangi Road, East Tamaki, Auckland - Manukau

Nestled in the much-coveted cul-de-sac of 55 Matarangi Road, this freehold property is a charming residential dwelling that has stood since 2003. The 4-bedroom, 2-carpark home is enveloped in a roughcast exterior with a well-maintained tile roof, exuding a warm, sun-kissed allure. Inside, its 206 square meters of floor area are complemented by a spacious 394 square meter land area. Despite the walls being in a poor condition, the property has been a site of affection and attention for over a decade and a half.

With a current Capital Value (CV) of $1,400,000, this property has seen a growth of 46% since 2017, reflecting its investment potential. The HouGarden AVM estimates the property's worth at $1,206,500, while the latest sales history shows a significant increase from $429,000 in 2003 to $569,000 in 2011, indicating a promising trend in value appreciation.

For families, the property falls within the highly esteemed Botany Downs Secondary College zone, along with several other well-rated schools such as Star of the Sea School and Willowbank School. These institutions offer a high standard of education, reflected in their respective decile ratings of 9 and 8. The property's proximity to these schools, combined with its comfortable living spaces and prime location, makes it an attractive option for those seeking a quality family life.

Updated on October 24, 2024