Back 50 Matai Street
Off Market

50 Matai Street

Castlecliff Manawatu-Wanganui

3
1
114 m²
1154 m²
House
Duncan AshbyDuncan Ashby, last sold this property on 27 November 2025 after 27 days on market.

Overview

Two titles and twice the opportunity

For sale by Tender closing 2pm, Thu 27 Nov 2025 (unless sold prior) Bayleys, 158 Wicksteed Street, Whanganui Opportunity knocks twice on Matai Street. If you’ve been waiting for a project with unlimited potential, here it is. 48 and 50 Matai Street present a rare double opportunity for renovators, developers, and DIY enthusiasts alike. At number 48, you’ll find a spacious 1920s bungalow that’s been in the same family for decades. While it’s ready for some love and attention inside and out, the strong bones, three bedrooms, and two generous living areas create an excellent starting point. The family-friendly layout of the home provides a solid foundation to transform this character home into something truly special. Established gardens already feature a productive kiwifruit orchard, mature trees, and a sizeable shed, perfect for those who enjoy space to grow and create. Right next door at 50 Matai Street, the vacant section is ripe for development. With the right build, you could capture sweeping views of the Tasman Sea. This location is a winner. A short stroll takes you to Castlecliff Domain and beach, local cafés, Castlecliff holiday park, and playground/skate park. Whether you choose to restore the bungalow, build new on the adjoining site, or explore the potential of both, the opportunities here are many. Renovators, developers, and DIYers, this is your chance to make your mark. With two titles and twice the opportunity, projects like this don’t come around often. Call us today to secure your prosperous future.

Features

3 bedrooms
1 bathroom
114 m² floor area
1154 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Castlecliff over the last 12 months, the estimated median property value of 50 Matai Street is $373k.

Median value
$373k
Estimated value range
$90k - $488k
Median days on market
66
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Castlecliff. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 50 Matai Street

2025
Sold
Undisclosed
27 Nov 2025 by Duncan Ashby, of Bayleys Whanganui (Bartley Real Estate Ltd)

Happy sellers in Castlecliff

60%
60% of sellers in Castlecliff reported that their sale price either exceeded or met their price expectations.

Castlecliff stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Castlecliff over the last 12 months.

Local market activity for 3 bedroom houses in Castlecliff

In the last 12 months, 12 three-bedroom houses similar to 50 Matai Street, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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