Nestled on a serene 25 hectare estate, this captivating 5-bedroom villa, built in 2009 with concrete walls and tiled roof, stands as a testament to timeless design on 173 Okauia Springs Road. The freehold property boasts a floor area of 349sqm and a land area of 250,844sqm, complemented by a well-maintained exterior and stunning views of the Matamata Golf Course and Kaimai Range. The property has seen a CV increase of 4.03% from $2,980,000 in 2018 to $3,100,000 as of July 2021, with the HouGarden AVM estimating a value of $3,095,000. The latest sales were recorded at $3,350,000 in 2024 and $2,900,000 in 2018, showcasing a growing capital value trend. Matamata Primary School, a contributing school with a decile rating of 6, falls within the property's school zone.
With a combination of luxury and practicality, the villa offers generous living spaces, a chef-inspired kitchen, and seamless flow to large tiled patios for outdoor entertainment. The upper level provides a private master retreat with an ensuite and walk-in robe, while the ground floor caters to family and guests with four additional bedrooms and two bathrooms. Ample storage is available in the double garage and a high-stud shed, perfect for hobbies or weekend projects. The predominantly flat to undulating land is fertile and well-drained, subdivided into 25 paddocks for grazing.
Not only does this property offer a strong lifestyle component with the golf course on its boundary, it also presents an opportunity for a retiring farmer, equine enthusiasts, or those seeking a B&B venture. Centrally located, it provides easy access to Cambridge, Hamilton, Tauranga, and Mt Maunganui. Here, the art of country living meets potential income opportunities, making it an irresistible choice for those seeking a slice of rural luxury.
Updated on September 04, 2024