Located at 22 Bolton Road, Morrinsville, Matamata, this unique industrial-service property combines a spacious 490m2 floor area home with a 250m2 plus shed, all situated on a generous 2,524m2 freehold section. The property boasts 4 bedrooms, a carpark, and is constructed with brick walls and an iron roof, both in good condition, dating back to 2002. It's an ideal setup for those looking to work from home, store numerous items, or potentially lease out the space.
From a financial perspective, the property has seen a significant increase in capital value, rising from $530,000 on July 1, 2018, to $770,000 on July 1, 2021, marking a 45.28% growth. The current HouGarden AVM estimates the property's value at $740,000. This growth trajectory underscores the property's investment potential and its appeal in the current market.
In terms of education, the property is zoned for Morrinsville College (Secondary, decile 6), Morrinsville Intermediate School (Intermediate, decile 5), and Morrinsville School (Contributing, decile 3), offering a range of educational options for families. This combination of a versatile property with potential business and residential uses, along with its educational zoning, makes it a unique opportunity.
Updated on April 05, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 6.86 km | 4 | 1 | 103m2 | 2024年04月02日 | $585,000 | Council approved | |
 | 0.43 km | 5 | 2 | 190m2 | 2024年03月22日 | $550,000 | Council approved | |
 | 0.31 km | -m2 | 2024年02月24日 | $260,000 | Council approved | |||
 | 0.31 km | 3 | 1 | 100m2 | 2024年02月05日 | $590,000 | Council approved | |
2.73 km | 2 | 1 | 79m2 | 2023年12月01日 | $400,000 | Council approved |