Nestled in the heart of Matamata on 11 Tawa Street, this charming 1950's dwelling on a freehold title offers a slice of history. The property boasts 2 bedrooms, 1 bathroom, a single carpark, and a floor area of 92 square meters on a level plot of 663 square meters. With wooden walls and an iron roof in average condition, this home is perfect for those seeking an affordable entry into an established neighborhood. Its potential for renovation and modernization is immense, promising growth in value.
Since 2018, the capital value has seen a 50% increase, jumping from $400,000 to the current $600,000 as of July 2021. The HouGarden AVM estimates the property's worth at $557,500, making it an attractive investment. The recent sales history reflects a growing market interest in this quiet cul-de-sac.
For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. This indicates a solid educational foundation for young learners. Step into the past with this unique property and start building your future today.
Updated on July 12, 2024