Nestled above the picturesque Little River township, this charming 1990s cottage on 28.8 hectares of land is a freehold property with immense potential. The 3-bedroom, 1-bathroom home with an iron exterior and roof, boasts a floor area of 90 square meters. The property has seen a remarkable Capital Value increase of 62.24%, from $490,000 in 2019 to the current $795,000 as of August 2022. The HouGarden AVM estimates the property's worth at $750,000, while the latest sales in 2024 and 2018 were at $685,000 and $430,000 respectively. Embracing clean green living with solar power, gas cooking, and water heating, this residence offers serene valley views and is complemented by native bush and a lake view from the property's summit.
With a decile 9 rating, the nearby Villa Maria College, and a decile 10 Lincoln High School, this property is within a highly sought-after school zone. Other schools in the area include St Thomas of Canterbury College, Middleton Grange School, Aidanfield Christian School, and Christchurch Adventist School, catering to various educational needs. The property's allure is further enhanced by its extensive sunny decking, perfect for relaxation or entertainment, and additional amenities like a double carport, tool shed, and ample storage beneath the house.
Offering a peaceful lifestyle with the convenience of small-town amenities within walking distance, this property is not just a home but a lifestyle choice with a prompt investment return.
Updated on July 26, 2024