154 Hoeka Road, Matangi, Waikato

Nestled in the heart of Matangi, this impressive 4-bedroom, freehold property is set on a vast 4.05 hectares of flat grazing land. Constructed in 1970 with a mix of materials for the walls and iron for the roof, the property boasts good wall and roof conditions. It features a large family home equipped with electric solar panels and an in-ground pool, ample shedding for storage, and a second dwelling with separate driveway access and garaging. The fully fenced paddocks with bore water and handling yards make it ideal for cattle. The extensive gardens include fruit trees and citrus, all in a quiet location, close to Hamilton. The property's capital value stands at $1,940,000, showing no increase from the previous valuation. Its HouGarden AVM is $1,887,500, with a notable sales history - sold for $850,000 in 2011 and $382,000 in 1997.

As for the government valuations, the capital value has remained stable over the observed period. This is a property with a consistent growth trajectory, making it a sound investment. The recent sale history and AVM reflect a promising market sentiment towards this lifestyle property.

Educationally, the property falls within the zones of Matangi School (Contributing, Decile 10), Marian Catholic School (Full Primary, Decile 7), Hillcrest High School (Secondary, Decile 7), and Berkley Normal Middle School (Restricted Composite, Decile 8). This makes it an excellent choice for families with children of all ages.

Updated on July 18, 2024