443a Puketutu Road, Matamata, Matamata

Nestled in the tranquility of Puketutu Road, Matamata, this charming 1940-built property boasts 4 bedrooms, 2 carparks, and a generous floor area of 202sqm. It sits on a sprawling 10,029sqm of freehold land, complete with iron roofing and well-maintained wooden walls. The property, valued at $960,000 as per the latest government valuation in 2021, has seen a notable CV increase of 18.5% since 2018. Historically, it was sold for $615,000 in 2015 and $590,000 in 2009, reflecting a consistent appreciation in value. The HouGarden AVM estimates the property's worth at $935,000, making it an attractive investment. The home offers a peaceful lifestyle with all-day views, additional shedding, and the potential for livestock, all within a central location convenient to major cities.

Property valuation history and recent sales reflect a promising trend for investors. The current owner, needing to downsize and relocate, has cherished the home for its serene and tranquil atmosphere. However, the property's allure extends beyond its peaceful setting. It's centrally located, close to Matamata, and within easy reach of Cambridge, Hamilton, Tauranga, and Rotorua, offering the best of both worlds.

For families with children, the property falls within the Hinuera School zone, a contributing school with a decile rating of 7. The combination of a desirable location, solid property value growth, and access to a good school makes this property an excellent choice for both investors and families.

Updated on August 26, 2024