Nestled at 7 Terminus Street, Te Aroha, Matamata, this residential dwelling on a freehold title is a charming example of practicality meets potential. Constructed in 1930 with fibrous cement walls and tiled roofing, the property boasts 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 96 square meters on a level contour, sitting prettily on a land area of 723 square meters. The average condition of both the walls and roof hints at a solid structure that's ripe for some TLC to truly shine.
Since 2018, the capital value has seen a substantial increase of 53.85% to reach $500,000 as of July 2021, according to government valuations. The HouGarden AVM estimates the property's worth at $490,000, while the latest sales history shows a transaction at $540,000 in November 2021 and another at $330,000 in August 2016. This upward trend in value is an attractive prospect for investors and homeowners alike.
For families with children, the property falls within a desirable school zone. With a decile rating that reflects its educational excellence, the local schools are sure to provide a nurturing environment for learning. This combination of a prime location, coupled with the property's growth potential and access to quality education, makes it an opportunity that knocks loud and clear.
Updated on August 22, 2024
街道地址 | 距離 | 房間數 | 浴室數 | 建築面積 | 售出時間 | 售出價格 | 數據來源 | |
|---|---|---|---|---|---|---|---|---|
0.62 km | 2 | 1 | 70m2 | 2024年08月22日 | - | Council approved | ||
0.62 km | 2 | 1 | 70m2 | 2024年08月01日 | $380,000 | Council approved | ||
0.59 km | 2 | 1 | 120m2 | 2024年07月19日 | - | Council approved | ||
 | 0.15 km | 3 | 137m2 | 2024年07月12日 | $692,000 | Council approved | ||
0.71 km | 3 | 1 | 86m2 | 2024年07月08日 | - | Council approved |