5 Morrin Street, Morrinsville, Matamata

Embrace the opportunity to own a charming residence at 5 Morrin Street, nestled in the desirable Lockerbie neighborhood. This freehold property, built in 2022 with a floor area of 192 square meters, boasts of a solid Malthoid exterior and a robust tile roof in good condition. The 3-bedroom layout provides ample space for comfort and privacy. Notably, the capital value has seen a remarkable increase of 220.75% from $265,000 in 2018 to $850,000 in 2021, showcasing a promising investment potential. The property is also valued at $852,500 according to HouGarden AVM, with the latest sale recorded at $845,000 in 2024, and a previous sale at $950,000 in 2021.

For families with children, the property falls within the catchment area of esteemed schools. Morrinsville College, a secondary school with a decile rating of 6, is in close proximity. Additionally, David Street School and Morrinsville Intermediate School, both with decile ratings of 6 and 5 respectively, offer quality education options.

With its prime location, modern design, and convenient access, this property is an ideal choice for those seeking a balanced lifestyle.

Updated on September 11, 2024