88 Matipo Road, Mairangi Bay, Auckland - North Shore

Nestled in the serene cul-de-sac of Matipo Road, Mairangi Bay, is this珍贵的3-bedroom, 2-carpark property on an expansive 809m² freehold section. Constructed in 1960 with aluminium walls and iron roofing, this dwelling offers an average condition shell with a floor area of 160m², ready to be transformed. The site boasts a level contour, north-facing orientation, and captivating sea views, making it an attractive prospect for developers. The capital value has seen a rapid increase of 44.63% from $1,210,000 in 2017 to $1,750,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,760,000, while the latest sale on December 22, 2021, fetched an impressive $1,930,000.

For families, the property is zoned for some of the most desirable schools on the North Shore. Mairangi Bay School, a contributing school with a decile rating of 10, is within easy reach, as are Westlake Girls' High School (decile 9), Murrays Bay Intermediate (decile 10), and the renowned Rangitoto College (decile 10). This educational jackpot, combined with the property's prime location, presents an unparalleled investment opportunity in a blue-chip suburb.

Don't miss this prime opportunity at 88 Matipo Road, where the number '88' itself symbolizes good fortune and prosperity. It's a golden chance to secure a slice of paradise in Mairangi Bay.

Updated on September 17, 2024