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1/29 Mcmillan Street, Methven, Ashburton, 2 Bedrooms, 1 Bathrooms, Unit

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 29

1/29 Mcmillan Street, Methven, Ashburton

2
1
70m2

Nestled at 1/29 Mcmillan Street, Methven, Ashburton, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1977 with roughcast walls and an iron roof, both in good condition, this property is situated on a level contour. It features open plan kitchen/dining/living, underfloor electric heating complemented by a modern heat pump, and indoor/outdoor flow. The large single garage comes with a ski tuning bench, making it a perfect ski chalet. The property has seen a 44.68% increase in Capital Value from $235,000 in 2018 to $340,000 in 2021. HouGarden AVM estimates it at $335,000, while the latest sale was in 2000 for $65,000. This sunny and cozy home is not only popular on Airbnb during the ski season but is also centrally located near amenities and outdoor attractions.

With a government valuation on the rise and a prime location, this property is within the decile 9 school zone of Villa Maria College and Methven School, and the decile 8 St Thomas of Canterbury College. It's also in the secondary zone of Mount Hutt College and near Ashburton Christian School and Craighead Diocesan School, offering a range of educational options.

Whether for investment, as a base for outdoor pursuits, or simply to downsize, this home in a quiet cul-de-sac presents endless opportunities. Offers over $425,000 are invited for this not-to-be-missed property.

Updated on August 29, 2024

Council Data

Last update : 2024 12 11
Improvement value$260,000Increased by 13% from year 2021
Land value$130,000Increased by 18% from year 2021
CV(Year 2024 Month 07)$390,000Increased by 14% from year 2021
View typeNo appreciable view
ContourLevel
Floor area70m²
Decade of construction1977
TitleCB17B/1171
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 39098 WITH UNDIVIDED 1/4 INT IN LOT 2 DP 38308 METHVEN TSHIP
CouncilAshburton
Estate descriptionFSIM,1/4,FLAT 1 DEPOSITED PLAN 39098 AND GARAGE 1 DEPOSITED PLAN 39098
ConstructionExternal Walls: Roughcast
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential C

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Methven School
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 423
9
Mount Hutt College
0.59 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
Ashburton Christian School
32.48 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
St Thomas of Canterbury College
74.21 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
75.21 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
90.37 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Residential C
Land:-
Title:Cross-Lease

Surrounding facilities

McMillan Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
77 Forest Drive, Methven
0.22 km
4
1
-m2
Year 2024 Month 12 Day 11
-
Council approved
0.36 km
2
1
80m2
Year 2024 Month 09 Day 13
$450,000
Council approved
37 South Belt Road, Methven
0.29 km
6
280m2
Year 2024 Month 08 Day 08
$960,000
Council approved
87 Forest Drive, Methven
0.32 km
3
200m2
Year 2024 Month 07 Day 30
$650,000
Council approved
30 Chapman Street, Methven
0.24 km
7
1
260m2
Year 2024 Month 07 Day 08
$436,200
Council approved

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