2/24 Chalmers Avenue, Hampstead, Ashburton

Introducing a prime opportunity at 2/24 Chalmers Avenue, Hampstead, Ashburton, this three-bedroom unit is a perfect entry into the property market or a valuable addition to your investment portfolio. Constructed in 1978 with concrete walls and an iron roof, both in good condition, this property spans a floor area of 130 square meters. It features an open-plan living area with a log fire, spacious bedrooms equipped with built-in wardrobes, and a bathroom that includes a shower, bath, and vanity, complemented by a separate toilet. The double tandem garage includes laundry facilities. Additional highlights include ceiling insulation, updated flooring, and aluminium windows. The small section at the rear hosts fruit trees and a clothesline, with rear access to the garage or a veranda to enjoy the view of the recently seeded lawn. This cross-lease property is nestled privately down a long driveway, offering a serene living environment.

Financially, the property has shown significant growth, with the capital value increasing from $210,000 on July 1, 2018, to $305,000 on July 1, 2021, marking a 45.24% increase. The HouGarden AVM estimates the property's value at $300,000. Recent sales history includes transactions at $315,000 on January 30, 2022, and $335,000 on February 12, 2024, indicating a steady appreciation in value.

Education is well catered for, with the property being zoned for several reputable schools. Villa Maria College and Craighead Diocesan School, both with a decile rating of 9, offer excellent secondary education options. St Thomas of Canterbury College and St Joseph's School (Ashburton), with decile ratings of 8, are also noteworthy. Ashburton Christian School, Ashburton College, and Ashburton Intermediate, all with a decile rating of 6, along with Hampstead School at decile 4, provide a range of educational opportunities for families.