Step into this delightful residence nestled in the charming cul-de-sac of 23 Shakespeare Street, Te Aroha, Matamata. This 1950-built, freehold property boasts a roughcast exterior and a tiled roof, exuding a warm, inviting ambiance. With three bedrooms, a spacious family bathroom, and two car parks, it offers a comfortable living space of 107 square meters on a level plot of 921 square meters. The property's Capital Value (CV) has seen a significant increase, rising from $340,000 in 2018 to $560,000 as of July 2021, reflecting a growth rate of 64.71%. The HouGarden AVM estimates the property's value at $520,000, while the latest sale in 2015 was for $250,000, indicating a lucrative investment opportunity.
For families with children, the property falls within a highly regarded school zone. The local schools boast impressive decile ratings, ensuring a quality education for your little ones. The prospect of raising a family in such a nurturing environment is an offer too good to miss.
With its prime location, attractive CV growth, and access to excellent schools, this property presents a golden opportunity for investors and families alike. Embrace the chance to own a slice of paradise in the serene and sought-after suburb of Te Aroha.
Updated on May 21, 2024