Nestled in the serene cul-de-sac of Charles Street, Allenton, Ashburton, this inviting 2-bedroom, 1-bathroom unit with a single carpark is a gem of comfort and convenience. Constructed in 1976 with robust concrete walls and an iron roof, both in good condition, this cross-lease property offers a level contour and a floor area of 80 square meters. The capital value has seen a growth of 10.77% from $325,000 in 2021 to $360,000 as of 2024, reflecting a promising investment. The property is equipped with a heat pump and ceiling insulation, ensuring year-round comfort. The outdoor space extends to a vegetable garden, perfect for green thumbs or fresh food enthusiasts.
With a HouGarden AVM of $330,000 and a latest sale history of $415,000 in 2024 and $255,000 in 2020, this property presents a lucrative opportunity. The government valuation increase indicates a rising property market in the area.
For families with children, the property falls within the catchment area of several well-regarded schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), among others. This unit is not just a home but a smart investment in education and lifestyle.
Updated on December 18, 2024