Introducing a unique property at 12 Matata Street, Blockhouse Bay, Auckland - City, offering a blend of potential and charm. This property, categorized as Residential - Vacant land multiple housing, features a spacious 6-bedroom layout. Despite lacking information on bathrooms, the absence of car parks is noted, alongside a generous floor area of 197 square meters and an expansive land area of 1555 square meters. Ownership is freehold, ensuring complete control over the property. The construction boasts wood walls in good condition and a tile roof, also in good condition, dating back to 1959. The property is level, making it accessible and versatile for various uses.
From a financial perspective, the property has seen a significant increase in capital value, from $1,550,000 in July 2017 to $1,950,000 in June 2021, marking a 25.81% growth. The HouGarden AVM estimates its value at $1,915,000. A historical sale in June 1994 saw the property change hands for $59,000, highlighting its substantial appreciation over time. This property is not just a home but an investment opportunity with a proven track record of growth.
The property is situated within a diverse school zone, offering a range of educational opportunities. Glenavon School, a full primary with a decile rating of 1, Blockhouse Bay Intermediate with a decile of 5, Chaucer School, a contributing school with a decile of 4, and Lynfield College, a secondary school catering to years 9-15 with a decile of 6, are all accessible. This variety ensures a broad spectrum of educational environments for families.
Updated on March 22, 2024.