New Zealand
English
Type and search...
36 Rawhiti Avenue, Matamata, Matamata, 4 Bedrooms, 0 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 01 Day 22

36 Rawhiti Avenue, Matamata, Matamata

4
230m2
822m2

Welcome to an exclusive opportunity at 36 Rawhiti Avenue, Matamata, a prime rental investment hitting the market for the first time. This property, nestled in a quiet cul-de-sac, offers a unique blend of convenience and potential. With a land area of 822 sqm and a floor area of 230 sqm, the property comprises two one-bedroom units at the front and middle, and a spacious two-bedroom unit with a single internal access garage at the rear. Built in 1970, its concrete block construction and iron roof, currently in average condition, promise low maintenance care. Ownership is simplified with a freehold title, ensuring a seamless transaction process.

Since 2018, the capital value has seen a significant increase from $450,000 to $640,000 in 2021, marking a 42.22% growth. The latest HouGarden AVM estimates the property's value at $612,500, while the most recent sale in December 2023 fetched $778,850, highlighting its investment potential. This property not only offers a stable income stream with excellent long-term tenants already in place but also stands as a testament to the robust growth in the Matamata real estate market.

Located within the Matamata Primary School zone, which boasts a decile rating of 6, this property promises a desirable educational environment. Its proximity to town ensures easy access to all amenities, offering convenience to both tenants and landlords alike. This is an ideal opportunity for those looking to secure a rewarding investment in a sought-after location.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$270,000Increased by 35% from year 2018
Land value$370,000Increased by 48% from year 2018
CV(Year 2021 Month 07)$640,000Increased by 42% from year 2018
View typeNo appreciable view
ContourLevel
Land area822m²
Floor area230m²
Decade of construction1970
TitleSA11D/419
Type of titleFreehold
Legal descriptionLOT 2 DPS 14018
CouncilMatamata
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN SOUTH AUCKLAND 14018,822m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Matamata Primary School
0.40 km
Primary
1-6
Government
Co-Educational
EQI: 444
6

Property history

Need Login
Please login

For developers

Unitary plan:-
Land:822m²
Title:Freehold

Surrounding facilities

Rawhiti Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
C/146 Broadway, Matamata
0.48 km
2
1
88m2
Year 2024 Month 11 Day 13
-
Council approved
5 Grant Place, Matamata
0.31 km
4
2
240m2
Year 2024 Month 11 Day 04
$850,000
Council approved
0.30 km
2
1
90m2
Year 2024 Month 09 Day 27
$450,000
Council approved
55B Rawhiti Ave, Matamata
0.24 km
1
1
60m2
Year 2024 Month 09 Day 20
-
Council approved
8a Vosper Street, Matamata
0.48 km
2
1
109m2
Year 2024 Month 08 Day 24
$620,000
Council approved

You may like

Last update:-