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96 Burnett Street, Ashburton, Ashburton, 0 Bedrooms, 0 Bathrooms, Office Building

Sold: $680,000

Sold on 2024 Year 2024 Month 02 Day 28

96 Burnett Street, Ashburton, Ashburton

670m2
1695m2

Embrace the opportunity to own a distinguished two-story office block, ideally positioned in the heart of Ashburton. This freehold property, with its brick exterior and tiled roof, offers a generous floor area of 670sqm on a vast 1695sqm land. The property includes one carpark and boasts an average wall and roof condition. The government's capital value has seen a 9% decrease from $770,000 in 2018 to $700,000 in 2021, while the HouGarden AVM estimates a higher value of $1,042,500. Notably, the property sold for $680,000 in 2024, showing a significant increase from the $342,987 sale in 2011. This commercial hub is zoned for Business A, providing flexibility for various commercial activities. Educationally, the property falls within the catchment of several high-performing schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), making it an attractive option for families.

With its spacious boardrooms, 28 offices, and a comfortable staff room, this property is designed to enhance business operations and collaboration. The potential for expansion and development on such a large plot is immense. Whether you are an established business or a savvy investor, this property's blend of history, functionality, and strategic location is a rare find. The owners are motivated to sell and are open to reasonable offers. Arrange a viewing today and unlock the potential of this expansive and prestigious property.

Located in a prime school zone, the property is close to esteemed institutions such as Villa Maria College, St Thomas of Canterbury College, and more. These schools offer a high standard of education and are rated highly in their respective deciles, ensuring a quality education for the family. The property's central location and proximity to these schools make it an invaluable investment for those considering both business and family needs.

Updated on April 11, 2024

Council Data

Last update : 2025 01 22
Improvement value$120,000Reduced by -47% from year 2021
Land value$580,000Increased by 23% from year 2021
CV(Year 2024 Month 07)$700,000Reduced by 0% from year 2021
Land area1695m²
Floor area670m²
TitleCB23B/311
Type of titleFreehold
Legal descriptionTS 146 PTS 136/7 147 ASHBURTON TN
CouncilAshburton
Estate descriptionFSIM,1/1,TOWN SECTION 146, PART TOWN SECTION 136-137 AND PART TOWN SECTION 147 TOWN OF ASHBURTON,1694m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningBusiness A

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton Borough School
0.26 km
Primary
1-8
Government
Co-Educational
EQI: 449
7
St Joseph's School (Ashburton)
0.26 km
Primary
1-8
Government
Co-Educational
EQI: 404
8
Ashburton College
1.29 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
Ashburton Christian School
2.29 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Craighead Diocesan School
68.04 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9
St Thomas of Canterbury College
77.03 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
78.12 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9

Property history

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For developers

Unitary plan:Business A
Land:1695m²
Title:Freehold

Surrounding facilities

Burnett Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.23 km
4
209m2
Year 2024 Month 11 Day 01
$820,000
Council approved
0.23 km
2
1
70m2
Year 2024 Month 08 Day 29
$337,500
Council approved
0.12 km
340m2
Year 2024 Month 08 Day 27
$855,000
Council approved
3/4 Moore Street, Ashburton
0.32 km
2
1
80m2
Year 2024 Month 08 Day 18
$450,000
Council approved
0.20 km
0m2
Year 2024 Month 08 Day 02
$355,000
Council approved

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