Racecourse Road, Allenton, Ashburton

Nestled on Racecourse Road in the serene Allenton, Ashburton, this lifestyle property is a gem on a level contour with 83,862 square meters of land. It boasts a freehold title, offering independence and full control over the property. While the specifics of the building such as the number of bedrooms and bathrooms, floor area, and roof and wall construction are yet to be determined, the property's potential is undeniable. It sits in a quiet cul-de-sac, ensuring peace and privacy.

As for its financials, the property's capital value has seen a steady increase, from $670,000 in July 2021 to $720,000 as of July 2024, marking a growth rate of 7.46%. HouGarden's AVM estimates the property's value at $715,000. The latest sale history shows transactions at $715,300 in July 2023 and $700,000 in September 2024, reflecting a stable market interest.

For families with children, the property falls within a desirable school zone. It is in close proximity to high-decile schools such as Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Other notable schools in the area include Ashburton Christian School, Allenton School, and Ashburton Borough School, each with their unique educational offerings and decile ratings ranging from 6 to 8.

Updated on October 16, 2024