77 Forest Drive, Methven, Ashburton

Nestled at 77 Forest Drive, Methven, Ashburton, this charming residence on a freehold title invites you to step back in time. Constructed in 1900 with wood walls and an iron roof, this 4-bedroom, 1-bathroom home with a single carpark boasts a floor area of 101 sqm and is set on a levelled 590 sqm section. The property's Capital Value (CV) has seen a significant increase of 20.89% from $335,000 in 2021 to $405,000 as of 2024, showcasing a promising investment potential. The HouGarden AVM estimates the property's value at $372,500, making it an attractive opportunity for buyers.

With a CV growth rate that outpaces the market average, this property also boasts a convenient location, just a 5-minute walk from Methven Village. The government's property valuation reflects its rising worth, while the recent sale history and AVM provide a comprehensive market perspective. This home is not just a piece of real estate; it's a chance to own a slice of Methven's history.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), ensuring access to quality education. Methven School (Decile 9), Mount Hutt College (Secondary Zone, Decile 9), Ashburton Christian School (Decile 6), and Craighead Diocesan School (Decile 9) are also in close proximity, offering a range of educational options.

Updated on December 11, 2024