22 Sim Street, Matamata, Matamata

Introducing a unique opportunity to own a piece of Matamata's history with this original 1970's home located at 22 Sim Street. This well-loved property has been under the care of a single owner since its construction. It features three bedrooms and a spacious floor area of 110 square meters, set on a generous land area of 999 square meters. The home is constructed with durable brick walls and an iron roof, both in average condition, reflecting its age and authenticity. The property is freehold, offering complete ownership rights. It boasts a level contour and includes a large single garage plus a carport, accommodating up to four vehicles. The kitchen and dining area overlook the rear section, while the lounge offers a view of the street, creating a serene living environment.

The property has seen a significant increase in capital value, from $510,000 in July 2018 to $640,000 in July 2021, marking a 25.49% growth. The latest sale recorded was in February 2024 for $690,000, demonstrating its appreciating value in the market. The HouGarden AVM estimates the property's value at $627,500, indicating its potential for further growth. This property represents an excellent investment opportunity for those looking to make their mark in a sought-after area of town.

Located in a prime school zone, the property falls under the Matamata Primary School catchment area, which is a contributing school with a decile rating of 6. This makes it an ideal choice for couples, small families, or investors seeking a property with educational advantages in a tightly held and seldom relinquished location.