Located at 35 Matai Street, Waiuku, Auckland - Franklin, this residential dwelling offers a perfect starter package for first home buyers or serves as an excellent addition to an investment portfolio. The property features 3 generously sized bedrooms, a separate kitchen, and an open plan dining/lounge area leading to a great outdoor living space through a decking area. Despite having no dedicated bathrooms listed, the home provides ample parking with a single carport and plenty of off-street parking. Built in 1960, the house sits on a huge 736m2 freehold section within the Mixed Housing Suburban zone, allowing for further development opportunities. The exterior is constructed with mixed materials, and both the wall and roof conditions are average. The property is level, with a floor area of 101m2.
The capital value of the property has seen a significant increase, from $420,000 on July 1, 2017, to $620,000 on June 1, 2021, marking a 47.62% growth. The HouGarden AVM estimates the property's value at $592,500. The latest sale recorded was on February 28, 2024, for $670,000, following a previous sale on June 21, 2021, for $600,000.
For families considering educational opportunities, the property falls within the zone for Waiuku College, a secondary school catering to years 9-15 with a decile rating of 6. This location offers a blend of comfortable living and potential for future development, making it an attractive option for a wide range of buyers.
Updated on April 04, 2024.