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45 Scarborough Terrace, Hanmer Springs, Hurunui, 3 Bedrooms, 0 Bathrooms, House

Sold: $645,000

Sold on 2024 Year 2024 Month 01 Day 16

45 Scarborough Terrace, Hanmer Springs, Hurunui

3
108m2
1012m2

Introducing a charming 3-bedroom residence at 45 Scarborough Terrace, Hanmer Springs, Hurunui, encapsulating the essence of a serene holiday home. Constructed in 1930, this property boasts a floor area of 108m² on a substantial 1012m² freehold land. The dwelling features wooden walls and an iron roof, both in average condition, complemented by a level property contour. The house includes a single carpark, emphasizing its suitability for family living.

Financially, the property has shown remarkable growth, with its capital value increasing from $415,000 in September 2019 to $630,000 by July 2022, marking a 51.8% rise. The HouGarden AVM estimates its value at $602,500, while the latest sale in January 2024 reached $645,000, up from $420,000 in July 2020. This trajectory underscores the property's solid investment potential and its appeal in the market.

Education is well catered for with the property falling within the zone for Amuri Area School (Year 7-8), which boasts a decile rating of 8, indicating high educational standards. This home is not just a dwelling but a gateway to a lifestyle that blends the tranquility of nature with the vibrancy of village life, making it an ideal setting for both relaxation and adventure.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$210,000Reduced by -12% from year 2019
Land value$420,000Increased by 140% from year 2019
CV(Year 2022 Month 07)$630,000Increased by 51% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area1012m²
Floor area108m²
Decade of construction1930
TitleCB2C/1298
Type of titleFreehold
Legal descriptionSEC 16 BLK XI HANMER TOWNSHIP
CouncilHurunui
Estate descriptionFSIM,1/1,SECTION 16 BLOCK XI HANMER TOWNSHIP,1012m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningResidential 1H

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Amuri Area School
27.80 km
Combined
1-13
Government
Co-Educational
EQI: 443
8

Property history

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For developers

Unitary plan:Residential 1H
Land:1012m²
Title:Freehold

Surrounding facilities

Scarborough Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7/1 Rutherford Crescent, Hanmer Springs
0.24 km
2
1
95m2
Year 2024 Month 11 Day 20
-
Council approved
15 Jollies Pass Road, Hanmer Springs
0.15 km
3
2
100m2
Year 2024 Month 10 Day 25
$700,000
Council approved
13 Rutherford Crescent, Hanmer Springs
0.32 km
3
140m2
Year 2024 Month 08 Day 26
$1,400,000
Council approved
38 Scarborough Terrace, Hanmer Springs
0.05 km
3
1
-m2
Year 2024 Month 08 Day 14
-
Council approved
21 Scarborough Terrace, Hanmer Springs
0.31 km
4
103m2
Year 2024 Month 08 Day 05
$755,000
Council approved

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