25 Young Street, Morrinsville, Matamata

Located at 25 Young Street, Morrinsville, Matamata, this residential dwelling boasts a freehold ownership type with a generous land area of 969m2 and a floor area of 122m2. Built in 1962, the property features 3 spacious bedrooms, a well-appointed bathroom with a separate toilet, and a carpark. The exterior is constructed of brick with an iron roof, both in average condition. The level property contour enhances its appeal, offering a comfortable living space complete with a heat pump, fireplace, HRV, and heat transfer system. Additionally, the property includes solar panels and a battery, promising low power bills.

The capital value of this property has seen a significant increase from $395,000 on July 1, 2018, to $620,000 on July 1, 2021, marking a 56.96% rise. The HouGarden AVM estimates its value at $607,500. It has a history of sales, with the latest transactions recorded at $527,000 on August 6, 2019, and $416,000 on May 31, 2019. This property's value growth and features make it an attractive investment.

Education is a priority, and this property is ideally located within the school zones of David Street School, Morrinsville Intermediate School, and Morrinsville College, all offering quality education with decile ratings of 6, 5, and 6, respectively. This makes it a perfect choice for families seeking a conducive learning environment for their children.

Updated on March 21, 2024.