4 Mcgowan Street, Waharoa, Matamata

Nestled on a generous 812m2 section in a quiet cul-de-sac of McGowan Street, Waharoa, Matamata, this charming 3-bedroom, 1-bathroom freehold residence is built with solid brick walls and iron roofing, constructed in 1970. The property presents an average condition both in walls and roof, with a level contour that adds to its appeal. It boasts a floor area of 99m2, is fully insulated, and offers the ease of low-maintenance living, making it an ideal first home or rental investment.

With a capital value that has seen a remarkable increase of 84.78% from $230,000 in 2018 to $425,000 in 2021, and an estimated value of $387,500 by HouGarden AVM, this property also has a notable sales history, last sold for $140,000 in November 2015. Such growth and value indicate a sound investment opportunity in the Matamata property market.

For families with children, the property falls within the Matamata Primary School zone, a contributing school with a decile rating of 6. This provides access to quality education in a community-focused school, adding to the property's already significant list of attractions.

Updated on December 12, 2024