271 Moore Street, Ashburton, Ashburton

Nestled on a spacious 1012sqm section at 271 Moore Street, Ashburton, this freehold property boasts a 1920s construction with iron roofing and wooden exterior walls. It features 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 108sqm. While the walls and roof are in a poor condition, the property's potential is undeniable, especially considering its proximity to the town centre and the array of outdoor activities available in the region.

As per the government's valuation, the capital value has seen a significant increase from $210,000 in 2018 to $305,000 in 2021, reflecting a growth rate of 45.24%. The HouGarden AVM estimates the property's value at $285,000, while the latest sale history shows a sale price of $450,000 in 2024 and $76,000 in 2000, indicating a prime investment opportunity.

For families with children, the property falls within the catchment area of several well-regarded schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8). Other nearby schools include Ashburton Christian School (decile 6), Ashburton College (decile 6), Ashburton Borough School (decile 7), St Joseph's School (decile 8), Ashburton Intermediate (decile 6), Hampstead School (decile 4), and Craighead Diocesan School (decile 9), ensuring a range of educational options.

Updated on May 15, 2024