Nestled on a quiet cul-de-sac at 63 George Street, Tinwald, Ashburton, this 1968-built freehold property offers a prime residential dwelling. The charming red brick exterior and iron roof are complemented by an average condition wall and roof, sitting on a level contour with a land area of 665sqm. Inside, the 100sqm floor area is thoughtfully arranged into 3 bedrooms, 1 bathroom, and a single carpark, with the warmth of a compliant log fire and a heat pump for all-season comfort.
With a latest sale price of $415,000, this property has seen a CV increase of 18.57% from $350,000 in 2021 to the current $415,000 in 2024. The HouGarden AVM estimates the property's value at $352,500, making it a secure investment with a fixed tenancy until February 2025 and a consistent rental income of $450 per week.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), among others. This combination of investment potential and educational opportunities makes it an attractive package for any buyer.
Updated on September 25, 2024