47 Fairway Drive, Morrinsville, Matamata

Nestled in the serene cul-de-sac of 47 Fairway Drive, Morrinsville, this freehold property boasts a capital value of $920,000 as of July 2021, showcasing a remarkable increase of 240.74% since July 2018. The 5-bedroom, 2-carpark home spans over 239m2 of floor area and is set on a spacious 702m2 section. Constructed with tiles for the roof and a mix of materials for the walls, this 2024-built residence presents a level contour with good wall and roof conditions. The latest sale was recorded at $243,478 in August 2020, while the HouGarden AVM estimates the property's worth at $927,500.

With a CV growth percentage that speaks volumes about its investment potential, this property is not just a dwelling but a wise financial choice. The open-plan living spaces are complemented by a stunning kitchen with a stone benchtop and a walk-in pantry, making it perfect for entertaining or accommodating large families. Two master bedrooms, each with an ensuite and walk-in robe, offer versatility for work-from-home options or having a housemate.

Educationally, the property falls within the catchment area of Morrinsville College (Decile 6), David Street School (Decile 6), and Morrinsville Intermediate School (Decile 5), ensuring access to quality education at all levels. This home, with its prime location and family-friendly features, is an ideal choice for extended families looking for comfort, convenience, and potential value appreciation.

Updated on September 13, 2024