99 Matipo Road, Te Atatu Peninsula, Auckland - Waitakere

Nestled at 99 Matipo Road, Te Atatu Peninsula, Auckland, this freehold property is a Residential - Dwelling category gem. Constructed in 1970 with wood walls and tiled roofing, it boasts 4 bedrooms, 2 carparks, and a floor area of 158sqm on a levelled 1201sqm plot. The capital value has seen a 60% increase from $1,150,000 in 2017 to $1,840,000 as of June 2021. The HouGarden AVM estimates it at $1,765,000, while the latest sale was in 1992 for $151,000. This property is in the Matipo Road School (Decile 7), Te Atatu Intermediate (Decile 6), Rutherford College (Decile 5), and St Paul's School (Massey) zones, making it an ideal investment for families.

With a CV increase that speaks volumes about its potential, this property is a jackpot for builders, developers, or handy individuals with a vision. The Executors have made it clear that the CV and online estimates should be ignored, as the circumstances demand a sale before or at auction. It's an opportunity not just for bargain hunters, but also for those who appreciate the charm of restoring a family-owned property to its former glory.

For those not afraid of a project, this is a chance to transform the property into something extraordinary. The expansive section offers endless possibilities for redevelopment or creating an dream backyard. This is your chance to uncover a hidden gem and unlock its true potential within a sought-after school network.

Updated on October 21, 2024