Nestled in a prime location just 3 minutes from Waihi town centre, 36 Mataura Road boasts a charming residence on a spacious 1011m2 freehold section. This 3-bedroom, 1-bathroom home with a single carpark features an iron roof and fibrous cement walls, reflecting its 1980 construction era. Despite the fair roof condition and poor wall condition, the recently renovated interior is move-in ready. The property's Capital Value (CV) has remained stable at $520,000 since July 2021, with no increase observed. However, the HouGarden AVM estimates a slightly higher value of $525,000. Notably, the property's value has seen a significant jump from its last sale in 2012 for $169,000 and an earlier sale in 1995 for just $73,000. For families, the Waihi East School, a contributing school with a decile rating of 3, is within walking distance. The fully fenced backyard, complete with a garage and views of Waihi's hills from the front deck, offers ample space for parking a boat or caravan, planting a vegetable garden, or even considering subdivision.
With its convenient location, potential for further value appreciation, and a school zone that families appreciate, this renovated gem is ready for its new owners to make it their own.
Updated on September 13, 2024