Nestled in the heart of Morrinsville, 5 Hoylake Place is a stunning freehold property that boasts a capital value increase of 2.1% over the past three years. This contemporary residence features 4 bedrooms, 2 carparks, and a generous floor area of 205sqm on a levelled 1250m2 section. Constructed with mixed materials for the walls and iron for the roof, the property is in good condition both inside and out. The latest sale history showcases a significant jump from $168,000 in 2015 to $1,050,000 in 2024, while the HouGarden AVM estimates the property's worth at $852,500. This property is not only a sound investment but also ideal for family living, being in close proximity to well-rated schools such as Morrinsville College, David Street School, and Morrinsville Intermediate School, all within a decile range of 5 to 6.
With a CV of $930,000 as of July 2021, this property's value has sky-rocketed from $300,000 in July 2018. The residence offers a perfect blend of modern luxury and comfort, with a spacious living area, a state-of-the-art kitchen with Bosch appliances, and a tranquil master suite with an ensuite and walk-in wardrobe. The outdoor living space with expansive decking is perfect for entertaining or simply enjoying the peaceful surroundings.
For families with children, the property falls within the catchment area of some of the best schools in the region. Morrinsville College provides secondary education for years 9 to 15 and is decile rated 6, while David Street School and Morrinsville Intermediate School, both at decile 6, offer excellent primary and intermediate education respectively.
Updated on December 18, 2024