15 Grace Avenue, Te Aroha, Matamata

Nestled in the desirable cul-de-sac of 15 Grace Avenue, Te Aroha, Matamata, this freehold property is a charming colonial-style residence with 3 bedrooms, 2 carparks, and a floor area of 133sqm on a sprawling 949sqm section. Constructed in 1980 with fibrous cement walls and an iron roof in good condition, the home boasts a functional layout with a sunny conservatory, an open-plan kitchen and living area, and a sheltered deck for alfresco dining. The property's Capital Value (CV) has seen a remarkable increase of 52.27% from $440,000 in 2018 to $670,000 in 2021, with the HouGarden AVM estimating it at $675,000. The latest sales were recorded at $695,000 in 2024 and $710,000 in 2023. The property falls within the Te Aroha College and Stanley Avenue School zones, with the latter being a Full Primary school with a decile rating of 4.

With a heat pump, aluminium joinery, and insulation ensuring year-round comfort, this home offers both the convenience of move-in ready and the potential for modernization. The large, flat section is bounded by established trees, including mature citrus, and the detached double garage with automatic doors adds to the appeal. This Te Aroha charmer is a perfect blend of space, potential, and a picturesque setting that's sure to attract attention from savvy buyers.

For families with school-age children, the property's school zoning is a significant plus, with Stanley Avenue School's reputable decile rating providing a quality education within walking distance. Don't miss the opportunity to secure this property in a sought-after setting, where the combination of location, potential, and a strong CV growth history make it an attractive investment.

Updated on September 11, 2024