45 Elizabeth Street, Matamata, Matamata

Nestled at 45 Elizabeth Street, Matamata, this residential dwelling on a freehold title is a gem that transcends its 1950 construction. The exterior boasts mixed materials for the walls and aluminium for the roof, both in good condition, while the property's contour is level, exuding an air of tranquility. The interior is a spacious haven with five bedrooms, two bathrooms, and an open plan design that includes a modern, expansive kitchen flowing into a generous dining area, which in turn opens to a covered outdoor haven via stacker doors. The mostly double glazed home also features a separate sleepout with its own room, bathroom, and toilet, ideal for teenagers or guests. With a land area of 1490 square meters, the property offers a secure backyard and a double garage with space for two cars, plus ample off-street parking. Notably, the capital value has seen a rapid increase of 45.1% from $510,000 in 2018 to $740,000 in 2021, while the HouGarden AVM estimates it at $685,000. The latest sales history includes transactions in 1998 and 1990 at $108,000 and $105,500 respectively, indicating a significant appreciation over the years.

For families with children, the school zone is a significant draw. Matamata boasts highly-rated educational institutions, ensuring a quality education for your little ones. This property is not just a house; it's an investment in a comfortable lifestyle and a bright future.

With its prime location, well-maintained condition, and potential for further value growth, this property is a 'Don't Pass Me Buy' opportunity. It's a chance to turn a house into a warm, welcoming home in a peaceful cul-de-sac.

Updated on May 10, 2024