Located at 77 Matija Place, Red Beach, Auckland - Rodney, this unique property offers a suburban lifestyle with huge potential. Nestled in a quiet cul-de-sac, the residence boasts 3 bedrooms, a spacious floor area of 230 sqm, and sits on a generous land area of 2320 sqm. The freehold property features wood wall construction, tile roofing, and is in good condition, reflecting its 1980s build. The property's contour is described as easy/moderate fall, making it an attractive option for families or developers.
Since 2017, the capital value of the property has seen a significant increase from $1,075,000 to $1,475,000, marking a 37.21% growth. The latest HouGarden AVM estimates the property's value at $1,450,000. Remarkably, the property was sold twice on the same day, January 8, 2024, and May 4, 2022, each time for $2,560,000, highlighting its desirability and investment potential. This property is not just a home but an opportunity for renovation, subdivision, or future development, with ample living spaces, indoor-outdoor flow, and a large entertaining deck.
The property is ideally located within easy walking distance to top-rated schools such as Kingsway, Silverdale, and Stella Maris, making it perfect for families. Orewa College and Silverdale School, with deciles of 9 and 10 respectively, offer excellent educational opportunities. The home's proximity to SH1, Silverdale Shopping Centre, Te Ara Tahuna Estuary Cycleway and Walkway, and local beaches, along with easy access to public transport, ensures convenience and a quality lifestyle.