Nestled on a serene cul-de-sac at 728 Horrell Road, Morrinsville, Matamata, this freehold property is a charming example of a lifestyle improved category. Constructed in 1998 with wood exterior walls and an iron roof, it boasts 4 bedrooms and 2 car parks, sitting on a levelled contour with a floor area of 242 square meters and a vast land area of 92,500 square feet. The property's capital value has seen a substantial increase from $1,035,000 in 2018 to $1,290,000 as of July 2021, reflecting a growth rate of 24.64%. The average condition of both walls and roof add to the property's cozy ambiance, making it a hot commodity in the market.
With a HouGarden AVM valuation of $1,270,000, this property presents a lucrative opportunity, especially considering the recent sale history and the surrounding properties for sale. The rural views of the countryside and the Kaimai Ranges further enhance the appeal of these lots, offering a slice of tranquility that's hard to find.
For families with children, the school zone is a significant plus. The local schools boast impressive decile ratings, ensuring a quality education for the young ones.
Updated on November 05, 2024