Nestled in the tranquil setting of 34a Findlater Street, Matamata, stands a delightful two-bedroom standalone townhouse. Constructed in 1986 with a mix of materials for the walls and tiles for the roof, this residential gem exudes both charm and practicality. It sits on a level contour with a well-maintained exterior, offering a single carpark and a floor area of 110 square meters. The property is held under a Cross-Lease title, ensuring a sense of community without compromising privacy.
As for the financials, the capital value has seen a remarkable increase from $435,000 in 2018 to $590,000 in 2021, showcasing a growth rate of 35.63%. The HouGarden AVM estimates the property at $592,500, while the latest sale history boasts a price of $620,000 in 2024 and $255,000 in 2012. These figures are a testament to the investment potential of this townhouse.
For families with children, the Matamata Primary School is a contributing factor to the area’s appeal, with a decile rating of 6. This indicates a good standard of education within the school zone. The combination of a desirable location, a well-appointed home, and a sought-after school network makes this property an attractive proposition for both investors and families.
Updated on September 11, 2024