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1 Paratu Road, Richmond Downs, Matamata, 3 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $900,000

Sold on 2024 Year 2024 Month 04 Day 22

1 Paratu Road, Richmond Downs, Matamata

3
158m2
9788m2

Welcome to 1 Paratu Road, a captivating lifestyle property nestled in the serene Walton area. This freehold property, built in 1980 with solid brick walls and iron roofing, stands on a levelled 9788 sqm of land. It boasts three spacious bedrooms, a well-appointed bathroom, and an open-plan living area that exudes warmth. The property includes two double garages, offering secure parking for four cars. The capital value has seen a significant increase of 42.24% from $580,000 in 2018 to $825,000 in 2021, while the HouGarden AVM estimates it at $790,000. This property is within the decile 5 Kiwitahi School, decile 6 Morrinsville College, decile 5 Morrinsville Intermediate School, and decile 7 Walton School zones, making it an ideal choice for families.

With a floor area of 158 sqm, this charming home provides ample space for comfort and growth. The property's contour is level, and both the walls and roof are in good condition. It's a perfect blend of tranquility and convenience, located a short drive from Matamata, Morrinsville, Hamilton, and Tauranga. The big little farmlet invites you to enjoy the serenity of country living while being well-connected to all amenities.

Embrace the opportunity to live in a sought-after school zone, where quality education is within easy reach. This property not only offers a peaceful rural lifestyle but also a smart investment with its increasing capital value and potential for further development.

Updated on April 22, 2024

Council Data

Last update : 2025 02 26
Improvement value$355,000Increased by 20% from year 2018
Land value$470,000Increased by 64% from year 2018
CV(Year 2021 Month 07)$825,000Increased by 42% from year 2018
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area9788m²
Floor area158m²
Decade of construction1980
TitleSA681/16
Type of titleFreehold
Legal descriptionPTL 5 DP 26345
CouncilMatamata
Estate descriptionFSIM,1/1,DEPOSITED PLAN 26345,9788m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Walton School
4.46 km
Primary
1-6
Government
Co-Educational
EQI: 459
7
Kiwitahi School
5.86 km
Primary
1-6
Government
Co-Educational
EQI: 471
5
Morrinsville College
14.72 km
Secondary
9-15
Government
Co-Educational
EQI: 477
6
Morrinsville Intermediate
14.93 km
Secondary
7-8
Government
Co-Educational
EQI: 468
5

Property history

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For developers

Unitary plan:-
Land:9788m²
Title:Freehold

Surrounding facilities

Paratu Road Neighborhood and Surrounding Data

Mortgage

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1
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Year 2024 Month 09 Day 29
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