209 Thames Street, Morrinsville, Matamata

Nestled at 209 Thames Street, Morrinsville, Matamata, this Freehold property is a charming commercial-retail space built in 1951. It boasts an average concrete exterior and iron roof, with a floor area of 540 square feet and a land area of 556 square meters. The property is situated in a quiet cul-de-sac, ensuring a peaceful environment for business operations.

As per the government valuation, the Capital Value (CV) has seen a growth of 8.97% from $780,000 in 2018 to $850,000 in 2021. The HouGarden AVM estimates the property's value at $842,500, and the latest sale was recorded on October 16, 2024, at $700,000, indicating a potential investment opportunity.

For families, the property falls within the catchment area of Morrinsville College, a secondary school with a decile rating of 6. Additionally, Morrinsville Intermediate School and Morrinsville School, with decile ratings of 5 and 3 respectively, offer options for younger students.

Updated on November 20, 2024