Nestled in the serene cul-de-sac of 27 Matarangi Road, this exquisite freehold property, built in 2002 with solid brick walls and tiled roof, offers a lifestyle of comfort and convenience. Spanning over 196 square meters of floor area and a generous 500 square meters of land, the residence boasts 4 bedrooms, 2 well-appointed bathrooms, and a double carpark, all while maintaining a good condition both inside and out. The property's Capital Value (CV) has seen a remarkable increase of 47.62% from $1,050,000 in 2017 to $1,550,000 as of June 2021, reflecting its growing desirability. The HouGarden AVM estimates the property's worth at $1,537,500, while the latest sales history shows a consistent rise in value.
With a CV increase that outpaces the market average, this property presents a sound investment opportunity. The recent sale prices of $431,000 in 2003 and $368,000 in 2002 further underscore the consistent appreciation of this address. The home's location within the East Tamaki area, zoned for top-rated schools such as Star of the Sea School and Botany Downs Secondary College (both decile 9), as well as Willowbank School (decile 8) and Sancta Maria College (decile 7), makes it an ideal choice for families seeking excellence in education.
Not only is this property a haven for family living, with its spacious lounges and separate dining, but it also enjoys easy access to amenities and transport. The low-maintenance garden invites relaxation, whether it be hosting a barbecue or simply enjoying a quiet moment with a book. This single-level brick and tile home is a rare find that promises both comfort and potential in a sought-after school zone.
Updated on November 25, 2024