Located at 56 Catherine Street, Tinwald, Ashburton, this residential vacant land offers a blank canvas for those looking to design and build their dream home. The property spans 780m2, providing ample space for a generous family home. It boasts a desirable front 'road facing' site, ensuring privacy without the hassle of shared driveways or laneways. With a freehold ownership type, the land's contour is level, making it an ideal site for construction. The exterior features, including wall and roof construction, are unspecified, reflecting the property's vacant status.
The property's capital value as of July 1, 2021, was $150,000. However, a recent sale on February 12, 2024, saw the property fetching $186,957, indicating a significant appreciation in value. The HouGarden AVM estimates the property's value at $145,000, showcasing its potential for growth. This property is part of the 'Ashbury Grove' subdivision in Stage 1, with titles now available, making it an attractive option for immediate development. House and land packages or house plans are available upon request.
The property is situated within a favorable school zone, offering access to a range of educational institutions. These include Villa Maria College and Craighead Diocesan School, both with a decile rating of 9, indicating high educational quality. Other nearby schools include St Thomas of Canterbury College (decile 8), Ashburton Christian School, Ashburton College, Tinwald School, and Ashburton Intermediate (all decile 6), as well as Ashburton Borough School and St Joseph's School (Ashburton), each with a decile rating of 7. This diverse selection of schools provides excellent educational opportunities for families looking to build in this area.