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118 Company Road, Newland, Ashburton, 3 Bedrooms, 0 Bathrooms, Lifestyle Property

Sold: $790,000

Sold on 2024 Year 2024 Month 10 Day 18

118 Company Road, Newland, Ashburton

3
210m2
20234m2

Nestled in a serene environment at 118 Company Road, Newland, Ashburton, this 1972-built, freehold property presents a captivating lifestyle opportunity. The 3-bedroom, 2-carpark home is enveloped in Summerhill stone and topped with a durable iron roof, both in good condition. The interior boasts an open-plan dining and living area, an original kitchen with a walk-in pantry, a study, and a conservatory. The 210sqm floor area is complemented by a generous 2.0234 hectare land, complete with additional outbuildings, a double garage with internal access, and log fire加热泵. The property's Capital Value (CV) has seen an 11.11% increase from $810,000 in 2021 to $900,000 as of 2024, while the HouGarden AVM estimates it at $867,500. This tranquil retreat is enhanced by its zoning in the Residential D sector and a decile 8 school rating, making it an ideal choice for families seeking quality education and a peaceful life.

With a property contour that's level and a fully fenced yard, this home offers privacy and security. The spacious living environment is perfect for a growing family or for those who appreciate the potential for further development. The property's recent sale history and rapid CV growth reflect its investment potential. The combination of a quiet cul-de-sac location, ample outdoor space, and convenient access to local amenities makes this property a dream home waiting to be realized.

Part of a sought-after school zone, this property is close to well-regarded educational institutions. The nearby schools, known for their high decile ratings, provide an excellent environment for learning and growth. This charming lifestyle property not only promises a peaceful living experience but also ensures access to quality education for your family.

Updated on October 18, 2024

Council Data

Last update : 2024 12 11
Improvement value$410,000Increased by 17% from year 2021
Land value$490,000Increased by 6% from year 2021
CV(Year 2024 Month 07)$900,000Increased by 11% from year 2021
View typeNo appreciable view
ContourLevel
Land area20234m²
Floor area210m²
Decade of construction1972
TitleCB12A/294
Type of titleFreehold
Legal descriptionLOT 2 DP 29043 BLK XIII ASHBURTON SD
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 29043
ConstructionExternal Walls: Stone
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential D

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton Netherby School
1.97 km
Primary
1-6
Government
Co-Educational
EQI: 511
3
Ashburton Intermediate
2.67 km
Secondary
7-8
Government
Co-Educational
EQI: 471
6
Ashburton College
3.18 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
Fairton School
3.19 km
Primary
1-6
Government
Co-Educational
EQI: 442
6
Hampstead School
3.27 km
Primary
1-6
Government
Co-Educational
EQI: 488
4
St Joseph's School (Ashburton)
3.63 km
Primary
1-8
Government
Co-Educational
EQI: 404
8
Ashburton Borough School
3.93 km
Primary
1-8
Government
Co-Educational
EQI: 449
7
Allenton School
3.95 km
Primary
1-6
Government
Co-Educational
EQI: 435
7

Property history

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For developers

Unitary plan:Residential D
Land:20234m²
Title:Freehold

Surrounding facilities

Company Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
18 Smithfield Road, Elgin
0.93 km
4
2
-m2
Year 2024 Month 12 Day 06
$640,000
Council approved
112 Taits Road, Fairton
0.74 km
3
1
200m2
Year 2024 Month 10 Day 30
$930,000
Council approved
29 Glassworks Road, Netherby
1.83 km
4
250m2
Year 2024 Month 09 Day 24
$1,203,000
Council approved
1.84 km
4
209m2
Year 2024 Month 08 Day 18
$750,000
Council approved
18B Smithfield Road, Elgin
0.93 km
-m2
Year 2024 Month 06 Day 27
$230,000
Council approved

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