83 Bowen Street, Rakaia, Ashburton

Nestled at 83 Bowen Street, Rakaia, Ashburton, this residential dwelling on a freehold section of 1012m2 offers a serene escape. Constructed in 1940 with solid brick walls and an iron roof in good condition, the home boasts 4 bedrooms, 2 bathrooms, and a generous 184m2 floor area. It includes a separate lounge, dining, and kitchen, along with modern amenities like a heat pump and a log burner with wetback. The property features a 4-car garage and additional off-street parking. The capital value has seen a significant increase of 16.46% from $395,000 in 2018 to $460,000 as of July 2021. The HouGarden AVM estimates the property at $427,500, making it an attractive opportunity for families or investors.

As for the government valuations, the property has shown a consistent growth trajectory. The recent sale history and rapid capital value increase reflect the enduring appeal of this property. It stands as a testament to lasting value in the real estate market.

For families with children, the property falls within the zones of several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Mount Hutt College, Ashburton Christian School, Ashburton College, and Craighead Diocesan School are also in close proximity, offering a range of educational options.

Updated on July 08, 2024