40 Hohaia Street, Matamata, Matamata

Embrace the perfect fusion of comfort and convenience in this expansive two-bedroom unit nestled in the serene environment of 40 Hohaia Street, Matamata. Constructed in 1976 with solid brick walls and an iron roof, this residential gem offers a generous 130sqm of floor area. The unit features include a sunroom drenched in natural light, perfect for leisurely mornings, and the added luxury of underfloor heating for the cooler nights. It comes with a single carpark, and the convenience of internal access garage. This property is a cross-lease ownership, providing a warm and inviting atmosphere throughout the year. The government's capital value has seen a significant increase from $420,000 in 2018 to $570,000 in 2021, reflecting a growth of 35.71%. The HouGarden AVM estimates the property at $572,500, while the latest sales were recorded at $505,000 in 2024 and $392,000 in 2019. Educationally, the Matamata Primary School, a contributing school with a decile rating of 6, is in the zone. This unit is now vacant and presents a golden opportunity for immediate occupancy.

With a robust CV growth history and a prime school zone, this property is an attractive investment. The combination of a well-maintained unit in a peaceful cul-de-sac and the potential for further value appreciation makes it a must-consider option for homebuyers and investors alike.

Located in a sought-after school zone, with Matamata Primary School's reputable education within reach, this property is not just a home but a foundation for a bright future. The school's decile rating of 6 reflects a good standard of education in the area, adding to the appeal of this property as a wise investment for families.

Updated on September 18, 2024