71 Rangitihi Street, Matamata, Matamata

Nestled on a level plot at 71 Rangitihi Street in the serene Matamata, this residential vacant land boasts a freehold title, offering potential buyers the autonomy and flexibility of ownership. While specific details about the number of bedrooms and bathrooms are not available, the property presents a blank canvas with a land area of 596 square meters. The construction details of the walls and roof remain unknown, but the property's contour is flat, potentially simplifying any future construction endeavors.

As per the government's valuation in July 2021, the capital value of this property was set at $290,000. HouGarden's AVM estimates the value at $280,000, and the latest sale record from September 19, 2024, indicates a transaction price of $260,000. Despite this, the capital value has shown a steady growth percentage over the years, making it an attractive investment opportunity.

For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. This indicates a solid educational institution in the area, adding to the property's appeal.

Updated on October 16, 2024