Nestled in the tranquility of a quiet cul-de-sac at 9 Strathmore Street, Morrinsville, Matamata, this 1970-built residential dwelling boasts 3 bedrooms, 1 bathroom, and 2 car parks. The 110sqm floor area is complemented by a spacious 1032sqm freehold site with average condition wood walls and iron roof. The property presents a level contour, perfect for the potential subdivision, and is equipped with a large sunroom and 12m x 7m garaging for endless opportunities. The capital value has seen a significant increase of 53.09% from $405,000 in 2018 to $620,000 as of July 2021. The HouGarden AVM estimates the property at $567,500, while the latest sale was recorded in 1995 at $105,000.
With a CV increase that outpaces the market, this property is not just a dwelling but a sound investment. The vendors are motivated, heading south and ready for a quick sale. Here is your chance to seize a large freehold site with potential for renovation and personal touch, all without the hassle of a shared driveway. The property falls within the catchment of Morrinsville College (Decile 6), Morrinsville Intermediate School (Decile 5), and Morrinsville School (Decile 3), ensuring quality education for the family.
Act now, as the vendors are clear in their instructions - they want this property sold before Christmas. This is not an opportunity to miss!
Updated on December 18, 2024