Nestled in the serene cul-de-sac of 1 Kauri Crescent, Matamata, this charming 1960's brick residence on a freehold title boasts 3 bedrooms, 2 carparks, and a sprawling 187sqm floor area. The property is complemented by an 812sqm level land, average brick walls, and an iron roof in similar condition. Notably, the capital value has seen a substantial increase from $440,000 in 2018 to $640,000 in 2021, reflecting a growth rate of 45.45%. This is a home that combines classic appeal with modern convenience, located within a prime area close to amenities and Matamata's social hubs like the RSA and Bowling Clubs.
With a HouGarden AVM of $582,500 and a latest sale record in 1992 at $95,000, this property presents a sound investment opportunity. The government's valuation history and the AVM indicate a promising trajectory for future growth. The property's practical layout and additional storage make it an ideal choice for families looking for both comfort and functionality.
For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. This sought-after educational institution adds to the property's appeal, making it an even more attractive prospect for those seeking a well-rounded lifestyle in a family-friendly neighborhood.
Updated on December 18, 2024