Nestled in the heart of Morrinsville, Matamata, the property at 25 Osborne Avenue is a quintessential example of mid-20th-century architecture. This residential dwelling, constructed in 1950, boasts a robust brick exterior complemented by an iron roof, both in average condition, reflecting the charm and durability of its era. The property spans a generous land area of 444 square meters, with a floor area of 114 square meters, offering ample space for family activities and potential expansions. Ownership is freehold, ensuring complete control and freedom for the homeowners. Additionally, the property features three convenient car parks, catering to the modern family's needs.
The financial trajectory of this property has been noteworthy. As of July 1, 2021, the government's capital value assessment stood at $630,000. However, a more recent evaluation by HouGarden suggests a slightly lower market value of $617,500. The latest sale, recorded on September 10, 2023, concluded at $556,000, indicating a dynamic market and the potential for future value appreciation.
While specific details regarding the school zone and educational ratings are not provided, the property's location in Morrinsville, a community known for its quality schooling options, suggests potential access to reputable educational institutions. This aspect, combined with the property's characteristics and financial history, makes 25 Osborne Avenue a compelling option for families prioritizing education and community living.