Located at 28 Mountain View Road, Culverden, Hurunui, this commercial property boasts a generous floor area of 280 square meters and a sprawling land area of 2023 square meters. With its freehold ownership type, the property is ideal for retail use. Constructed in 1960, the building features concrete walls in good condition and an iron roof also in good condition, ensuring durability and longevity. The property includes 1 carpark, catering to both staff and customer parking needs.
Over the years, the capital value of this property has seen a significant increase, from $260,000 on September 1, 2019, to $340,000 on July 1, 2022, marking a 30.77% growth. The HouGarden AVM estimates its value at $335,000. Notably, the property was last sold for $730,000 on February 20, 2024, a substantial increase from its previous sale price of $205,000 on April 11, 2007.
For families considering educational opportunities, the property falls within the zone of Amuri Area School (Year 7-8), a composite school with a decile rating of 8. This indicates a high level of educational resources and a conducive learning environment for students.