Nestled on a quiet cul-de-sac at 67 North Street, Morrinsville, Matamata, this charming residential dwelling on a freehold title was built in 1950. It boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 121sqm and a spacious land area of 1012sqm. The property features average condition brick walls and an iron roof. With a level contour, this home has a warm, inviting ambiance thanks to the sunny rooms and a well-appointed backyard complete with a fish pond and shed. Notably, the capital value has seen a growth of 44.68% from $470,000 in 2018 to $680,000 in 2021, while the HouGarden AVM estimates it at $660,000. The latest sale was in 1996 for $139,000, highlighting the investment potential.
Regarding the government valuations, the property has shown a significant increase over the years, reflecting the area's desirability. The HouGarden AVM provides a current estimate that aligns closely with the market trends. The property's history of sales demonstrates its long-term value and potential for further growth.
For families with 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, with its prime location and growth potential, is an opportunity not to be missed.
Updated on July 19, 2024