14 Vincent Street, Matamata, Matamata

Located at 14 Vincent Street, Matamata, this residential dwelling is a renovator's dream, featuring three bedrooms, one bathroom, and one carpark. The property spans a floor area of 99m2 on a generous 728m2 freehold section. Constructed in 1940 with mixed materials for both the roof and walls, the house has a fair wall condition and an average roof condition, sitting on a level contour. This property is perfect for those looking to unleash their creativity and transform it into a modern masterpiece, with significant updates already completed including a new roof, re-wiring, insulation, and an updated bathroom.

The capital value of this property has seen a significant increase, from $310,000 in July 2018 to $495,000 in July 2021, marking a 59.67% growth. The HouGarden AVM estimates its value at $485,000. Its sale history reveals a steady appreciation, with the latest transactions recorded at $239,500 in August 2016 and $130,000 in May 2012.

For families considering educational opportunities, this property falls within the zone of highly regarded schools, ensuring a quality education for your children. The combination of its potential for renovation, significant capital value increase, and favorable school zoning makes it an attractive option for both investors and families looking to create their dream home.

Updated on March 21, 2024.