57 Moorhouse Street, Morrinsville, Matamata

Nestled at 57 Moorhouse Street, Morrinsville, Matamata, this residential dwelling boasts a freehold title on a level plot of 1018m2. Constructed in 1951 with solid brick walls and a tile roof, the property exudes a classic charm with an average condition. It features 4 spacious bedrooms, a large lounge area, and is complemented by a single carpark. The capital value has seen a remarkable increase of 51.16% from $430,000 in 2018 to $650,000 as of July 2021, showcasing a promising investment opportunity. The HouGarden AVM estimates the property's worth at $622,500, aligning closely with the government's valuation.

With a CV growth rate that outpaces the market average, this property presents a golden chance for investors. The recent sale history and AVM reflect the property's allure, while the substantial land area hints at potential subdivision prospects. The structure's brick and tile integrity assure low-maintenance living, and the beautiful wooden flooring is a testament to the home's timeless elegance.

For families with children, the property falls within the zones of Morrinsville College (Decile 6), Morrinsville Intermediate School (Decile 5), and Morrinsville School (Decile 3), ensuring access to quality education. Just a stone's throw from the town center, this property offers convenience and accessibility, making it an ideal choice for homeowners, investors, and developers alike.

Updated on October 07, 2024