113 Settlement Road, Morrinsville, Matamata

Nestled in a serene cul-de-sac on 113 Settlement Road, Morrinsville, this Freehold property is a perfect family haven. Constructed in 1970 with brick walls and tiled roofing, the house boasts 4 bedrooms, a spacious floor area of 243 square meters, and a generous land size of 10,000 square meters. It includes a single carpark, and the property is maintained in average condition both inside and out, sitting on a level contour. Not to mention, it's summer-ready with a large lawn and an inground swimming pool.

As for the financials, the property has seen a significant Capital Value increase of 43.1% from $615,000 in 2018 to $880,000 in 2021. The HouGarden AVM estimates it at $872,500, and the latest sale history shows a transaction at $975,000 in 2024, previously $655,000 in 2019. This is a clear indicator of the property's growing value and investment potential.

For families with children, the property falls within the zone of several reputable schools. Tatuanui School and Kiwitahi School are both contributing schools with deciles of 7 and 5 respectively. Morrinsville College caters to secondary students with a decile of 6, while Morrinsville Intermediate School has a decile of 5. These schools provide a solid educational foundation for the young ones.

Updated on November 20, 2024