Nestled on a sprawling 1817m2 section in the tranquility of 3 Mcgowan Street, Waharoa, Matamata, this 1960-built residence offers a versatile living space of 103m2. The freehold property boasts 3 bedrooms, 2 carparks, and is complemented by an iron roof and wooden exterior walls in average condition. With a CV that has seen a remarkable increase of 68.97% from $290,000 in 2018 to $490,000 in 2021, this home presents a compelling investment opportunity. The property's HouGarden AVM stands at $480,000, while the latest sales history includes transactions at $147,500 in 2010 and $158,000 in 2005.
Boasting potential for subdivision or renovation, the property invites those with a creative flair and a willingness to embark on a rewarding project. The sellers, driven by a change in circumstances, have reduced the price for a quick sale, making it an even more attractive prospect for investors or first-home buyers. The solid weatherboard and native 1950s construction is just waiting for your personal touch to transform it into a healthy, compliant home or a lucrative rental.
Matamata Primary School, a contributing school with a decile rating of 6, is in the property's school zone, adding to the appeal for families.
Updated on August 28, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 5.94 km | 3 | 1 | 100m2 | 2024 12 11 | - | Council approved | |
 | 5.03 km | 3 | 1 | 80m2 | 2024 11 14 | - | Council approved | |
 | 4.75 km | 3 | 1 | 130m2 | 2024 10 08 | $480,000 | Council approved | |
 | 5.45 km | 4 | 2 | 100m2 | 2024 09 04 | - | Council approved | |
4.68 km | 3 | 141m2 | 2024 08 20 | $855,000 | Council approved |