25 Richardson Road, Matamata, Matamata

Set within the serene environment of Matamata, this contemporary 3-bedroom, 2-bathroom residence on 502sqm of freehold land at 25 Richardson Road is a shining example of modern living. Constructed with robust brick walls and an iron roof, this recently built home from Venture Developments in 2023 is in pristine condition both inside and out. It boasts an open-plan kitchen, spacious master bedroom with an ensuite, and large windows that flood the home with natural light. The property also features a double garage with potential for conversion, and ranch sliders leading to a tranquil backyard. With a CV of $750,000 as of July 2021, the property's value has seen a significant increase, reflected in the HouGarden AVM of $755,000 and a recent sale on August 6, 2021, for $667,632. The capital value growth is a testament to the property's appeal in a rapidly appreciating market.

From a valuation perspective, the property has experienced a substantial rise in its capital value, indicating a promising investment with a quick CV increase speed. The HouGarden AVM provides further confidence in the property's worth, making it an attractive prospect for both investors and homeowners.

For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. This quiet cul-de-sac location offers a peaceful setting for raising a family, while still being conveniently located approximately 45 minutes from both Tauranga and Hamilton.

Updated on September 12, 2024