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371 Old Te Aroha Road, Okauia, Matamata, 3 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $1,210,000

Sold on 2024 Year 2024 Month 04 Day 15

371 Old Te Aroha Road, Okauia, Matamata

3
185m2
9215m2

Nestled amidst the picturesque Kaimai Mountain views, this newly constructed lifestyle property on 371 Old Te Aroha Road, Okauia, Matamata, is a freehold gem on a sprawling 9215m2 section. The 185m2 home boasts 3 bedrooms, 2 carparks, and is designed for modern living with an open plan kitchen/dining/lounge area, double dishwashing drawers, and a scullery. The Iron roof and Brick walls are in good condition, ensuring durability and low maintenance. The property's Capital Value (CV) has seen a rapid increase of 27.08% from $720,000 in 2018 to $915,000 in 2021, with the HouGarden AVM estimating it at $877,500. The latest sale was for $347,000 in May 2020, making it an attractive investment. For families, the property falls within a desirable school zone with excellent ratings, ensuring quality education for children.

With a heated pool, a studio generating $400 per week in rental income, and the added charm of 3 friendly alpacas, this property offers both comfort and potential. The HVAC system provides thermal comfort and air quality, while the property's contour is level for ease of use. It's a perfect blend of a serene lifestyle and convenient living, being just a short drive from Opal Hot Springs Holiday Park, Te Poi Town, Wairere falls, and Matamata town, with easy access to Tauranga and Morrinsville.

For those who enjoy entertaining or need space for a growing family, this property is a must-see. It's not just a home; it's an investment in a lifestyle that promises captivating scenery and a thriving community.

Updated on April 15, 2024

Council Data

Last update : 2025 01 15
Improvement value$610,000Increased by 41% from year 2018
Land value$420,000Increased by 44% from year 2018
CV(Year 2021 Month 07)$1,030,000Increased by 43% from year 2018
DeckYes
View typeNo appreciable view
ContourLevel
Land area9215m²
Floor area185m²
Decade of construction2021
TitleSA69B/209
Type of titleFreehold
Legal descriptionLOT 2 DPS 87314
CouncilMatamata
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN SOUTH AUCKLAND 87314,9215m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

Property history

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Unitary plan:-
Land:9215m²
Title:Freehold

Old Te Aroha Road Neighborhood and Surrounding Data

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Address
Distance
Bed
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Floor area
Sold date
Sold
Data source
614 Tauranga Road, Matamata
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Year 2024 Month 12 Day 10
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2
256m2
Year 2024 Month 11 Day 29
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22 Matipo Street, Matamata
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Year 2024 Month 11 Day 20
-
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Old Te Aroha Road, Okauia
2.54 km
0m2
Year 2024 Month 10 Day 17
$750,000
Council approved
24 Temm Road, Te Poi
5.76 km
3
1
97m2
Year 2024 Month 10 Day 09
$595,000
Council approved

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