54 Peakedale Drive, Matamata, Matamata

Nestled on a level plot at 54 Peakedale Drive, Matamata, this residential vacant property boasts a freehold title. It features 4 bedrooms and an unknown number of bathrooms, with no carparks mentioned. The specifics of the floor area are not provided, but the land area spans a generous 600 square meters. Both the wall and roof construction are currently unknown, as are their conditions. Despite these unknowns, the property presents a solid investment opportunity with its government capital value standing at $290,000 as of July 1, 2021, and a HouGarden AVM estimate of $295,000. The latest sale record shows that the property changed hands for $300,000 on August 16, 2024.

Over the years, the capital value has seen a notable increase, reflecting a promising growth trend in the property's worth. The recent sale price also indicates a positive market sentiment towards this particular property in the area.

For families with children, the property falls within a desirable school zone. Matamata's educational institutions are known for their high decile ratings, ensuring access to quality education for the young ones.

Updated on October 02, 2024