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2/5 Belt Road, Allenton, Ashburton, 3 Bedrooms, 0 Bathrooms

Sold: $620,000

Sold on 2024 Year 2024 Month 03 Day 21

2/5 Belt Road, Allenton, Ashburton

3
150m2

Nestled in the serene Belt Road of Allenton, Ashburton, this 1987-built residential unit boasts 4 bedrooms and 2 car parks. The home, sitting on a level contour, features solid brick walls in good condition and an iron roof that has also been well maintained. It is under a Cross-Lease ownership type. The property's Capital Value (CV) has seen a significant increase from $340,000 in 2018 to $410,000 as of 2021, indicating a growth rate of 20.59%.

As for valuation, the HouGarden AVM estimates the property's worth at $392,500, while the latest sale record from March 2024 shows a transaction price of $620,000. This reflects a promising investment opportunity in the area.

For families with school-aged children, the property falls within the catchment area of several reputable schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, as well as Ashburton Christian School, Allenton School, Ashburton College, St Joseph's School, and Ashburton Intermediate, all offering a range of educational options from primary to intermediate levels, with decile ratings ranging from 6 to 8.

Updated on April 18, 2024

Council Data

Last update : 2025 01 15
Improvement value$385,000Increased by 60% from year 2021
Land value$205,000Increased by 20% from year 2021
CV(Year 2024 Month 07)$590,000Increased by 43% from year 2021
View typeNo appreciable view
ContourLevel
Floor area150m²
Decade of construction1987
TitleCB30B/928
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 51938 ON LOT 1 DP 4420-HAVING1/2 INT IN 1034 SQ METRES
CouncilAshburton
Estate descriptionFSIM,1/2,LOT 1 DEPOSITED PLAN 4420,1034m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential C

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton College
0.21 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
Allenton School
0.79 km
Primary
1-6
Government
Co-Educational
EQI: 435
7
St Joseph's School (Ashburton)
1.15 km
Primary
1-8
Government
Co-Educational
EQI: 404
8
Ashburton Intermediate
1.40 km
Secondary
7-8
Government
Co-Educational
EQI: 471
6
Ashburton Christian School
2.94 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Craighead Diocesan School
69.28 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Thomas of Canterbury College
76.12 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
77.21 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9

Property history

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For developers

Unitary plan:Residential C
Land:-
Title:Cross-Lease

Surrounding facilities

Belt Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Tucker Street
0.41 km
2
1
81m2
Year 2024 Month 11 Day 26
-
Council approved
36 Harrison Street, Allenton
0.23 km
4
1
160m2
Year 2024 Month 10 Day 23
$540,000
Council approved
12 Belt Road, Allenton
0.05 km
3
105m2
Year 2024 Month 09 Day 12
$485,000
Council approved
21 Middle Road, Allenton
0.37 km
5
152m2
Year 2024 Month 08 Day 03
$555,000
Council approved
11 Walnut Avenue, Allenton
0.12 km
3
240m2
Year 2024 Month 08 Day 02
$665,000
Council approved

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