94a Studholme Street, Morrinsville, Matamata

Nestled in the heart of Morrinsville at 94a Studholme Street, this charming residential dwelling on a freehold title was built in 2001 with solid brick walls and an iron roof, both in good condition. Offering a spacious floor area of 150 square meters on a level contour, it sits on a generous land area of 476 square meters. The layout includes 3 bedrooms, a modern bathroom with a walk-in shower, and a large open plan living area, complemented by new carpet and LED lighting.

As for the property's financials, the capital value has seen a significant increase from $650,000 in 2018 to $790,000 in 2021, indicating a growth of 21.5%. The HouGarden AVM estimates the property's worth at $755,000, while the latest sale history shows a progression from $80,500 in 1992 to $247,000 in 2002. This is a clear indicator of the property's increasing value over time.

For families with children, the property falls within the zone for Morrinsville College (Secondary, Decile 6), Morrinsville Intermediate School (Intermediate, Decile 5), and Morrinsville School (Contributing, Decile 3), ensuring access to a range of educational facilities. This sunny, safe, and central townhouse is an ideal choice for those looking to downsize without compromising on space and convenience.

Updated on April 23, 2024