14 College Street, Matamata, Matamata

Nestled at 14 College Street in the serene Matamata, this delightful 4-bedroom, 2-carpark family home is a freehold treasure on a levelled 688 sqm of land. Constructed in 1960 with wood walls and an iron roof, both in average condition, the property boasts a generous 228 sqm of floor area, complete with a granny flat for guests or extended family. The open-plan living, dining, and kitchen flow into an entertainment area, enhanced by a heat pump for comfort. The granny flat features a lounge, bathroom, separate toilet, and kitchenette, with its own heat pump and ceiling fan. The double garage with internal access and automatic doors, along with a fenced yard, adds convenience and privacy. With a CV of $670,000 as of July 2021, reflecting a growth of 46% since 2018, and a HouGarden AVM of $622,500, this property is not just a home but a sound investment. Its latest sale history includes transactions of $285,000 in 2007 and $260,000 in 2006, indicating a consistent capital value increase.

For families with children, the school zone is a significant draw. With highly-rated schools nearby, this property is an ideal choice for those seeking quality education for their children.

Indeed, this property stands out with its unique charm and potential for returns, making it a must-see for both first-home buyers and investors.

Updated on May 24, 2024