29 Butcher Road, Matangi, Waikato

Nestled on a spacious 9263m2 section in the serene Matangi, Waikato, this 188m2 freehold family home boasts a charming lifestyle. Constructed in 1980 with brick walls and an iron roof, the well-maintained property offers 3 bedrooms, 2 carparks, and an office, complemented by an open-plan living area with a Kent style fireplace. The property's Capital Value (CV) has remained stable at $1,240,000, while the HouGarden AVM estimates it at $912,500. Notably, the CV has seen no increase, reflecting a steady market sentiment. This quiet cul-de-sac is not only a peaceful retreat but also falls within a highly sought-after school zone. The nearby schools, including Newstead Model School and Matangi School, both decile 10, offer exceptional education opportunities. The property, with its potential for personalization, presents an exciting opportunity to own a slice of tranquility without the hassle of building from scratch.

With a CV that has remained consistent over time, and a recent HouGarden AVM valuation that is slightly lower, this property offers a realistic investment prospect. The lack of CV growth, however, should be considered alongside the recent sales history and the property's overall condition, both of which indicate a solid foundation for future appreciation. The property's location and school zone are significant selling points, enhancing its long-term value.

Educationally endowed, this property is within proximity to several high-performing schools. In addition to Newstead Model School and Matangi School, the renowned Hillcrest High School, Marian Catholic School, and Berkley Normal Middle School are all within reach. This ensures a diverse range of educational options for families, making it an ideal choice for those who value academic excellence.

Updated on June 21, 2024