26a David Street, Morrinsville, Matamata

Located at 26a David Street, Morrinsville, Matamata, this residential property offers a unique blend of comfort and potential. With 2 double-sized bedrooms and a spacious living area, it's perfect for those looking to downsize or find their first home. The property features concrete walls and tile roofing, both in average condition, reflecting its 1978 construction. It's a Cross-Lease title with a floor area of 120m², and although it has no land area, it compensates with a car park space. Its proximity to the sought-after David Street School makes it an even more appealing choice.

The property has seen a significant increase in capital value, from $380,000 in July 2018 to $560,000 in July 2021, marking a 47.37% growth. The latest HouGarden AVM estimates its value at $547,500. Historical sales data reveals a sale for $118,000 in June 2001 and $136,000 in September 1997, showcasing its steady appreciation over the years.

Education is well catered for, with Morrinsville College (Secondary, decile 6), David Street School (Contributing, decile 6), and Morrinsville Intermediate School (Intermediate, decile 5) all within the vicinity, offering a range of options for families. This property is not just a home but an opportunity for a great start or a wise investment in a desirable location.

Updated on March 21, 2024.