63 Cambridge Street, Hampstead, Ashburton

Nestled at 63 Cambridge Street, Hampstead, Ashburton, this charming residential dwelling on a Freehold title offers a captivating blend of classic character and modern convenience. Constructed in 1900 with wood walls and an iron roof, the property boasts 3 bedrooms, a spacious floor area of 111sqm, and a generous land size of 444sqm. Despite the need for some TLC with the walls and roof in a poor condition, the property presents a massive open plan living area, a modern kitchen, and an expansive sunny deck. The highlight is the capital value increase, with a CV of $245,000 as of July 2021, showcasing a significant growth from the latest sale price of $195,000 in October 2020. The HouGarden AVM estimates the property's value at $240,000, indicating a promising investment opportunity.

On the financial front, the property has seen a substantial CV increase of over 25% in the recent past, signaling a healthy appreciation. The latest sale history and AVM estimates reflect a strong market interest in the property. This is further enhanced by its strategic location in a desirable school zone, with top-rated institutions such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8) in close proximity.

For families with school-aged children, the property falls within the catchment area of various well-regarded schools, including Ashburton Christian School (Decile 6), Ashburton College (Decile 6), St Joseph's School (Decile 8), Ashburton Intermediate (Decile 6), Hampstead School (Decile 4), and Craighead Diocesan School (Decile 9). This makes it an ideal choice for those seeking a quality education for their children.

Updated on August 30, 2024