Nestled on the serene Coronation Road in Morrinsville, this charming residence presents an attractive opportunity for homeowners and investors alike. Constructed in 1946 with roughcast walls and tiled roofing, this freehold property spans 163m² with a land area of 921m². It boasts three bedrooms, three carparks, and a family-friendly layout that includes an open-plan kitchen and dining area, a large living space, and a north-facing conservatory that leads to a sun-kissed deck with a spa pool. The property, with an average wall and roof condition, has a current Capital Value (CV) of $700,000, reflecting a growth of 43.1% since 2018. The HouGarden AVM estimates the property at $680,000, while the latest sales were recorded at $330,000 in 2011 and $165,000 in 1999. This home is located in a sought-after school zone, with Morrinsville College (Decile 6), David Street School (Decile 6), and Morrinsville Intermediate School (Decile 5) being the nearby educational institutions.
Whether you seek a starter home with exceptional features or a strategic investment with potential for further appreciation, this property is a compelling choice.
Updated on August 08, 2024