1 Saint Leonards Road, Culverden, Hurunui

Located at 1 Saint Leonards Road, Culverden, Hurunui, this unique property spans an impressive land area of 74,805 square meters, with a substantial floor area of 270 square meters. It is categorized under 'Other - Multiple/other', featuring an unknown roof and wall construction, which leaves room for creativity and customization. The property is a freehold, ensuring complete ownership without the complexities of shared land. Despite the lack of information on bedrooms, bathrooms, and car parks, the vast land offers immense potential for development or agricultural use.

Over the years, the capital value of this property has seen a significant increase, from $440,000 on September 1, 2019, to $550,000 by July 1, 2022, marking a 25% growth. This is indicative of the property's appreciating value in the market. The latest sale recorded on December 21, 2023, astonishingly reached $1,240,000, far exceeding the HouGarden AVM estimate of $530,000, showcasing the property's exceptional market demand and potential for investment.

The property falls within the zone for Amuri Area School (Year 7-8), which is a composite school with a decile rating of 8. This indicates a high level of educational resources and a conducive learning environment, making it an attractive option for families looking to provide quality education for their children.