Nestled in the heart of Morrinsville at 124a Studholme Street, this charming 2-bedroom, 1-bathroom unit with a single carpark is a perfect blend of modern comfort and classic appeal. Constructed in 1975 with concrete walls and an iron roof, both in good condition, this cross-lease property offers a level contour and a floor area of 100 square meters. The property's capital value has seen a significant increase from $400,000 in 2018 to $550,000 in 2021, reflecting a growth rate of 37.5%. The latest sales were recorded at $420,000 in 2020 and $183,000 in 2013, while the HouGarden AVM estimates the current value at $542,500.
For families with children, the property falls within the zone of Morrinsville College (Secondary, Decile 6), Morrinsville Intermediate School (Intermediate, Decile 5), and Morrinsville School (Contributing, Decile 3), ensuring access to quality education. This home not only promises convenience with its prime location but also the serenity of a quiet cul-de-sac, making it an ideal choice for nesting, renting, or investing.
Step into a life of ease and enjoy the benefits of a spacious, light-filled living area, a secure and private backyard, and the ease of leaving your car at home with the town center just a short stroll away. Don't miss the opportunity to secure this cozy unit in a thriving community.
Updated on November 07, 2024