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37 Arrowsmith Drive, Methven, Ashburton, 0 Bedrooms, 0 Bathrooms, Section

Sold: $182,100

Sold on 2024 Year 2024 Month 08 Day 09

37 Arrowsmith Drive, Methven, Ashburton

817m2

Nestled in the serene locale of 37 Arrowsmith Drive, Methven, Ashburton, this residential vacant land boasts a generous 817m2 area under the freehold title. With the promise of breathtaking mountain views, the section is primed for your new dream home. The site is equipped with essential services such as power, water, and sewage connections, set to be titled early 2024. The property’s potential is further enhanced by its level contour, though the specifics of the wall and roof construction remain unknown. As of July 2021, the capital value stands at $205,000, with a HouGarden AVM estimate of $200,000, hinting at a promising investment opportunity.

Historically, the property has seen a steady growth in its capital value, with a notable increase that reflects a positive trend in the local real estate market. The absence of development contributions paid by the developer may also present a saving grace for the prospective buyer.

For families with children, the property falls within a highly regarded school zone, ensuring access to quality education. The nearby schools are known for their high decile ratings, making this an even more attractive proposition for those seeking an idyllic family lifestyle in a quiet cul-de-sac.

Updated on August 09, 2024

Council Data

Last update : 2024 09 11
Improvement value
Land value$205,000
CV(Year 2021 Month 07)$205,000
View typeNo appreciable view
ContourLevel
Land area817m²
Title1140293
Type of titleFreehold
Legal descriptionLOT 123 DP 593074
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 123 DEPOSITED PLAN 593074,817m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Methven School
1.38 km
Primary
1-6
Government
Co-Educational
EQI: 423
9
Mount Hutt College
1.49 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
Our Lady of the Snows School (Methven)
1.76 km
Primary
1-8
Government
Co-Educational
EQI: 409
8

Property history

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For developers

Unitary plan:-
Land:817m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Arrowsmith Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
15 Gleniffer Place, Methven
12.46 km
3
2
203m2
Year 2024 Month 07 Day 15
$890,000
Council approved
57 Memorial Crescent
0.30 km
0
0
0m2
Year 2024 Month 06 Day 07
-
Council approved
19 Arrowsmith Drive, Methven
12.54 km
0m2
Year 2024 Month 05 Day 26
$185,000
Council approved
57 Memorial Crescent, Methven
0.30 km
0m2
Year 2024 Month 05 Day 22
$178,000
Council approved
0.25 km
0m2
Year 2024 Month 04 Day 19
$210,000
Council approved

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