566 Marychurch Road, Matangi, Waikato

Welcome to 566 Marychurch Road, Matangi, a stunning freehold property nestled in a quiet cul-de-sac. This modern home boasts 3 bedrooms, 2 carparks, and a spacious floor area of 274 square meters, set on a vast 8.0824-hectare land. Constructed in 2001 with quality brick walls and tiled roofing, the property is in good condition both inside and out. The capital value remains stable at $2,710,000, with no increase over the past year, yet the HouGarden AVM estimates a higher value of $1,995,000. The property's latest sale was in 2001 for $315,000, indicating its long-term investment potential.

For families, the property falls within the decile 9 Cambridge High School and decile 10 Matangi School zones, ensuring top-notch education for children. The nearby Hillcrest High School and Berkley Normal Middle School are also highly rated. This property not only offers a peaceful lifestyle but also a substantial income from the 6ha leased to a Kiwifruit grower and the rent from the 2-bedroom house, amounting to a return of $41,400 annually.

With a range of features including air-conditioning, a heat pump, and a closed fire for all-year comfort, this property is ready for you to enjoy. The expansive outdoor area includes a tennis court, various sheds, and a bore for water supply. Its prime location close to Matangi shops provides both convenience and a serene rural view. This is a great opportunity to own a piece of paradise in the Waikato region.

Updated on July 12, 2024