59b Lorne Street, Morrinsville, Matamata

Nestled in the tranquil cul-de-sac of Lorne Street, Morrinsville, lies a modern 2-bedroom townhouse, built just 2 years ago. This freehold property, with its brick exterior and tiled roof, exudes quality and low maintenance living. Spacious open-plan interiors, a well-appointed kitchen with an engineered stone top, and a self-cleaning oven, are complemented by a sizeable conservatory, adding to the versatile living spaces. The property boasts a capital value of $660,000 as of July 2021, and has seen a significant increase in its HouGarden AVM to $612,500. The latest sale in the area was for $765,000 in September 2021, indicating a promising growth trend. Additionally, the property is equipped with solar panels, a battery system, and an EV charger, making it an eco-friendly choice. The townhouse includes a carpark and multiple garden sheds, with a small vegetable patch for the green thumbs.

From a valuation perspective, the property has shown a substantial growth rate, with a notable increase in its capital value over the years. The recent HouGarden AVM reflects a competitive market price, making it an attractive investment. The latest sale price serves as a testament to the area's desirability and potential for further value appreciation.

For families with children, the property falls within the zone of Morrinsville College, a secondary school with a decile rating of 6. It is also close to Morrinsville Intermediate School and Morrinsville School, offering a range of educational options. This townhouse is perfect for those seeking a relaxed lifestyle, with the convenience of schools and the township just a short stroll away.

Updated on May 13, 2024