Nestled in the serene cul-de-sac of 47 Morvern Crescent, Tokoroa, this charming residential dwelling on a freehold title offers a picturesque setting for a delightful family life. Constructed in 1969 with wood walls and an iron roof, this 82sqm home with a floor area sits gracefully on an 850sqm level plot. It boasts 3 bedrooms, 1 bathroom, and a single carpark, providing ample space for a small family. With an unchanged capital value of $225,000 since 2018, this property presents a stable investment opportunity with a 0.0% CV increase. The recent sale history showcases a growing trend, with sales recorded at $353,000 in 2023 and $367,000 in 2024, while the HouGarden AVM estimates the property's worth at $220,000.
Boasting average wall and roof conditions, this home has undergone renovations, featuring a refreshed interior and exterior. The modern kitchen and comfortable living area make for an inviting atmosphere, while the well-appointed bedrooms ensure privacy and comfort. Outside, the large backyard provides a secure play area for children and pets. Located near top-ranking schools, shopping centers, a church, and a park, this property offers the perfect blend of convenience and tranquility.
For families with school-aged children, the property falls within a highly sought-after school zone. The local schools have impressive decile ratings, ensuring a quality education for your family. Whether you're looking for a perfect first home or a sound investment, 47 Morvern Crescent is an opportunity not to be missed.
Updated on August 07, 2024