29 Torea Road, Matakana, Auckland - Rodney

Nestled in the tranquility of a quiet cul-de-sac at 29 Torea Road, Matakana, Auckland, this freehold property boasts a charming residential dwelling. Constructed in 2000 with wood exterior walls and an iron roof, both in good condition, it offers 4 bedrooms, 2 bathrooms, and a single carpark. The 112 square meter floor area is set on a levelled 1004 square meter section. The property's capital value has seen a significant increase from $860,000 in 2017 to $1,225,000 as of June 2021, reflecting a growth rate of 42.44%. The latest sale was recorded on April 9, 2021, at $1,150,000, while the HouGarden AVM estimates the property's worth at $1,195,000.

For families with school-aged children, this property falls within the highly sought-after zones of Matakana School, a contributing school with a decile rating of 9, and Mahurangi College, a secondary school with a decile rating of 7. These educational institutions are a testament to the quality of the local school network.

With a Buyer Enquiry Over $1.4M, this property presents a versatile investment opportunity. Whether you choose to live, rent, or develop, the potential is clear. Explore the magazine article at https://madonnewzealand.com/content/29-torea-road to discover more about this attractive investment prospect.

Updated on August 14, 2024