Nestled in a prime location of Morrinsville, at 84b Studholme Street, this freehold property boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1995 with brick walls and an iron roof, both in good condition, the residence enjoys a level contour and spans across a floor area of 223 square meters on a land area of 686 square meters. The property has seen a significant Capital Value (CV) increase of 36.21% from $580,000 in 2018 to $790,000 as of July 2021. The HouGarden AVM estimates the property's value even higher at $795,000. Notably, the latest sale history shows a marked jump from $319,500 in 2014 to $695,000 in August 2024, reflecting a burgeoning market confidence.
With a CV growth that outpaces the average and a recent sale history that testifies to its investment potential, this property is not just a dwelling but a smart investment. The spacious layout, complete with open plan kitchen/dining, a large hobby/games room, and ample storage, is complemented by a nearly 50m2 garage with internal access. The fully fenced section with low maintenance grounds and paved entertainment areas is perfect for summer enjoyment.
For families with school-aged children, the property falls within the zones of Morrinsville College (Decile 6), Morrinsville Intermediate School (Decile 5), and Morrinsville School (Decile 3), ensuring access to quality education. This home is not just roomy and ready-to-move-in, but also offers exceptional value that's hard to find.
Updated on October 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 1 | 170m2 | Year 2024 Month 10 Day 21 | - | Council approved | |
 | 0.27 km | 3 | 2 | 177m2 | Year 2024 Month 10 Day 14 | - | Council approved | |
 | 0.09 km | 4 | 1 | 150m2 | Year 2024 Month 10 Day 07 | - | Council approved | |
 | 0.14 km | 2 | 1 | 100m2 | Year 2024 Month 10 Day 04 | - | Council approved | |
 | 0.27 km | 3 | 177m2 | Year 2024 Month 07 Day 24 | $799,000 | Council approved |