23 Farmer Street, Te Aroha, Matamata

Located at 23 Farmer Street, Te Aroha, Matamata, this charming residential dwelling is a testament to timeless appeal and modern convenience. The property, built in 1940, features three bedrooms, a well-appointed kitchen, and versatile living areas spread across a floor area of 102 square meters. Set on a generous land area of 2211 square meters, the freehold property boasts an iron roof and wood construction, with both the wall and roof conditions rated as average. The property's contour presents an easy/moderate fall, enhancing its aesthetic and functional appeal.

The financial trajectory of this property has been impressive, with a capital value increase of 44.186% from $430,000 in July 2018 to $620,000 in July 2021. The HouGarden AVM estimates its value at $607,500. Historical sales data reveals a consistent appreciation in value, with sales recorded at $115,000 in December 1997 and $245,000 in November 2006. This growth underscores the property's solid investment potential and its appeal in the current market.

Education is a priority for many families, and this property does not disappoint. Located in a sought-after school zone, it offers access to top-rated educational institutions, ensuring a bright future for residents. The serene setting, combined with its proximity to essential amenities and the heart of Te Aroha, makes it an ideal choice for those seeking a blend of tranquility and convenience.

Updated on March 25, 2024.