Nestled at 155 Peters Street, Hinds, Ashburton, this charming residential dwelling boasts a freehold title on a level plot of 1012 square meters. Constructed in 1930 with wood walls and an iron roof, the house maintains an average condition, both inside and out. It features 2 bedrooms, 1 bathroom, and a generous 81 square meters of floor area, complemented by a cozy separate lounge that could double as a third bedroom. The property includes a large double garage with power, a variety of outbuildings, and a log burner for warmth. The capital value has seen a rapid increase of 29.17% from $240,000 in 2021 to $310,000 as of 2024, while the HouGarden AVM estimates it at $300,000. This home offers an inviting opportunity to cease renting and step into ownership.
With a CV growth percentage that speaks volumes about its investment potential, the property also has a recent sales history that supports its value. The government's valuation history and the current AVM reflect a consistent rise in the property's worth. It's a clear indicator of a sound investment in a thriving real estate market.
For families with school-aged children, the property falls within the catchment area of several well-regarded institutions. The nearby Villa Maria College and Craighead Diocesan School both have a decile rating of 9, while St Thomas of Canterbury College and Geraldine High School are rated 8. Hinds School, Ashburton Christian School, St Joseph's School, and Ashburton College are also within reach, offering a range of educational options for all ages.
Updated on October 09, 2024