4 Ensor Drive, Hanmer Springs, Hurunui

Nestled on a level 506sqm freehold section at 4 Ensor Drive, Hanmer Springs, this 1990-built brick beauty boasts 3 bedrooms, 2 carparks, and a floor area of 137sqm. With an iron roof and good condition walls, this residence offers a low-maintenance lifestyle. The property's Capital Value (CV) has seen a remarkable increase from $390,000 in 2019 to $590,000 in 2022, reflecting a growth rate of 51.28%. The HouGarden AVM estimates the property's worth at $572,500, while the latest sale on June 11, 2024, was at $595,000.

For families with children, the Amuri Area School (Year 7-8) with a decile rating of 8 is a significant draw. This comfortable home has undergone a recent makeover, featuring freshly painted walls, new carpeting, and a brand-new stainless-steel oven. The open-plan living area leads to a private north-facing deck, perfect for enjoying the all-day sunshine and stunning mountain views.

With a rental appraisal of $500 per week, this property presents a solid opportunity for both first-home buyers and investors. The efficient log burner with wetback and night store minimize winter power bills, making it a cozy and practical choice in a quiet cul-de-sac setting.

Updated on July 26, 2024