16 Rawiri Street, Morrinsville, Matamata

Located at 16 Rawiri Street, Morrinsville, Matamata, this property stands as a testament to modern living in the sought-after Lockerbie Estate. Boasting a freehold ownership type, the residence features 4 bedrooms, a spacious floor area of 184 square meters, and sits on a generous land area of 659 square meters. The property is characterized by its mixed materials wall construction and tile roofing, both in good condition, reflecting its recent build in 2023. The level property contour enhances its appeal, offering a prime corner position that combines functionality with aesthetic appeal.

The property's financial trajectory is noteworthy, with a capital value of $860,000 as of July 2021, and a HouGarden AVM of $847,500. However, its market value has seen a significant uptick, with the latest sale on February 17, 2024, fetching $945,000. This indicates a robust capital value growth, underscoring the property's investment potential and desirability in the current market.

Education is a cornerstone of this property's appeal, with proximity to Morrinsville College (Secondary, Year 9-15, decile 6), David Street School (Contributing, decile 6), and Morrinsville Intermediate School (Intermediate, decile 5). These educational institutions not only offer quality learning environments but also contribute to the community's vibrant and supportive atmosphere, making it an ideal location for families.