38 Willow Grove, Morrinsville, Matamata

This substantial family home located at 38 Willow Grove, Morrinsville, Matamata, is a true gem in the residential market. With its 4 bedrooms, 2 car parks, and a generous floor area of 240m2 set on a land area of 879m2, this property is designed for comfort and space. The freehold ownership type ensures that buyers have complete control over their property. Built in 2004, the house features a durable iron roof and roughcast walls, both in good condition, ensuring longevity and ease of maintenance. The property's contour is described as easy/moderate rise, making it accessible and appealing to a wide range of potential buyers. The contemporary architecture, coupled with a freshly painted exterior, enhances its modern appeal, while the double internal garage with an extra toilet adds to its practicality. Although the original interior decor shows some wear, it presents an excellent opportunity for the new owners to inject their personal style into the home.

The property has seen a significant increase in its capital value, from $730,000 in July 2018 to $930,000 in July 2021, marking a 27.4% growth. This rapid appreciation highlights the property's investment potential. The latest sale in February 2024 was at $812,000, up from $60,000 in April 1998, demonstrating the property's long-term value increase. The HouGarden AVM estimates the property's value at $917,500, further indicating its desirability in the current market.

Located in a prime school zone, this property is ideal for families. Morrinsville College, a secondary school for years 9-15, and David Street School, a contributing primary school, both have a decile rating of 6, indicating a high level of educational resources. Morrinsville Intermediate School, catering to intermediate level students, has a decile rating of 5. This strategic location offers excellent educational opportunities, making it a perfect choice for families looking to provide their children with quality education.