Located at 27 Matai Street, Waiuku, Auckland - Franklin, this residential dwelling boasts 3 bedrooms, 1 bathroom, and spans across a floor area of 100 sqm with a generous land area of 685 sqm. Built in the 1960s, the property features mixed materials for its walls and tiles for the roof, both in average condition. The freehold property sits on an easy/moderate rise contour, offering a practical layout with large rooms, a separate yard accessed laundry, ample storage, and an open plan lounge and dining area. The bright and sunny separate kitchen presents an opportunity to add value and modernize this charming home. The vast section provides ample space for kids and pets, while the backyard offers a blank canvas for new owners to personalize and enhance.
The property has seen a significant increase in capital value, from $420,000 in July 2017 to $590,000 in June 2021, marking a 40.48% growth. The HouGarden AVM estimates the property's value at $577,500. Historical sales data reveals the property was last sold for $280,000 in January 2015, following a sale for $185,000 in June 2011. This demonstrates the property's potential for long-term equity growth, making it an ideal choice for families looking to invest in their forever home.
Located within the Waiuku College zone, which is a secondary school (Year 9-15) with a decile rating of 6, the property is situated in a community-rich area with close proximity to beautiful beaches, restaurants, cafes, and shops. This presents a fantastic opportunity for families seeking a home with good outdoor space and the potential for personalization and value addition.
Updated on March 22, 2024.