62 Stirling Drive, Morrinsville, Matamata

Located at 62 Stirling Drive, Morrinsville, Matamata, this residential vacant land presents a unique opportunity for those looking to build their dream home. With an expansive land area of 800 square meters, the property is set in a well-established and desired neighbourhood, offering potential views out to Mt Te Aroha. Despite the unknown specifics regarding bedrooms, bathrooms, carparks, floor area, roof and wall construction, and condition, its freehold ownership type underlines a significant advantage for prospective buyers. The property's contour is described as easy/moderate rise, indicating a versatile terrain for various architectural designs.

The property has seen a notable increase in its capital value, from $280,000 on July 1, 2018, to $400,000 on July 1, 2021, marking a 42.86% growth. The latest sale recorded on August 11, 2023, was at $415,000, slightly above the HouGarden AVM of $392,500, reflecting its growing appeal in the market. This growth trajectory underscores the property's investment potential and the increasing demand in the Morrinsville area.

Schooling options are ample with Morrinsville College (Secondary, decile 6), David Street School (Contributing, decile 6), and Morrinsville Intermediate School (Intermediate, decile 5) in proximity, offering a range of educational opportunities for families. This property not only promises a serene setting and potential for a custom-built home but also access to quality education, making it an ideal choice for families looking to settle in a vibrant community.