25 Mataroa Road, Mount Wellington, Auckland

Nestled in the serene cul-de-sac of 25 Mataroa Road, Mount Wellington, Auckland, this freehold property boasts a spacious interior with 3 bedrooms and a generous floor area of 193 square meters. Constructed in 1971 with fibrous cement walls and tiled roofing, the dwelling sits on a land area of 685 square meters with an easy/moderate fall contour. The property, with a fair wall condition and average roof condition, offers a warm and contemporary living environment thanks to its sunny, elevated position and easy-care laminate flooring.

As for the financials, the capital value has seen a significant increase from $850,000 in 2017 to $1,150,000 as of June 2021, reflecting a growth rate of 35.29%. The HouGarden AVM estimates the property's value at $1,102,500, while the latest sale on June 10, 2022, was at $1,002,000, indicating a potential bargain for the right buyer.

For families with school-aged children, the property falls within the Otahuhu College zone, a secondary school with a decile rating of 1. This home not only presents an exceptional outlook but also a promising future with its prime location and investment potential.

Updated on October 24, 2024