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Nestled in the serene Lockerbie Estate, 34 Evergreen Parade, Morrinsville, Matamata, presents a stunning opportunity on a Freehold section. This vacant residential property boasts an impressive land area of 417 square meters, with the potential to build your dream home. The property's capital value as of July 2021 stands at $350,000, reflecting a promising investment in a rapidly appreciating area. Details such as the roof and wall construction are yet to be determined, offering you the freedom to customize to your preference. With a smart floorplan of 166sqm, this property is suited for a variety of lifestyles, be it for young couples, families, retirees, or those seeking a low-maintenance lock-up and leave option.
History shows a consistent rise in the property's value, with the HouGarden AVM estimating the property at $335,000. This trend is further supported by a notable increase in the capital value over the years. The location's desirability is enhanced by its proximity to a range of amenities and the highly regarded Morrinsville College, a secondary school with a decile rating of 6. The nearby David Street School and Morrinsville Intermediate School are also attractive options for families, both rated at deciles 6 and 5 respectively.
For families with children, the school zone is a significant advantage, ensuring access to quality education. The property is situated in a quiet cul-de-sac, providing a safe and peaceful environment for children to walk to school or enjoy the nearby park. The addition of a heat pump ensures year-round comfort, while the double garage and laundry nook offer practicality and convenience. This brand-new property is a gem waiting to be discovered in the heart of Morrinsville.
Updated on April 23, 2024
