Nestled on a serene 5.7-hectare block in a quiet cul-de-sac of Morrinsville, this freehold property boasts a 240-square-meter home with 3 bedrooms, average brick walls, and an iron roof from the 1990s. The capital value has seen a significant increase from $1,160,000 in 2018 to $1,360,000 in 2021, a growth of 17.24%. The property, with a land area of 57,512 square meters, is complemented by a 3-bay barn and a horse arena, making it perfect for those who love the equestrian lifestyle. The HouGarden AVM estimates the property's value at $1,337,500.
With a property contour that ranges from gently rolling to flat, this lifestyle block is divided into 11 paddocks and is only 4 kilometers from the town center. It enjoys a tranquil rural setting with modern conveniences like a town water supply and is enhanced by mature trees and a serene duck pond. The property falls within the Morrinsville College zone, a secondary school with a decile rating of 6, and is also in proximity to Morrinsville Intermediate School and Morrinsville School, rated at 5 and 3 respectively.
This property offers a perfect blend of rural tranquility and easy access to educational facilities, making it an ideal investment for families looking to grow in a peaceful environment.
Updated on November 22, 2024