Nestled in the coveted suburb of Cashmere, this freehold property at 68 Dyers Pass Road is a gem not to be missed. Constructed in 1954 with wood exterior walls and tiled roofing, the house stands solid with a good wall and roof condition. It boasts 5 bedrooms, 2 carparks, and a generous floor area of 200 square meters on a land area of 637 square meters, enjoying an easy/moderate fall contour. The capital value has seen a significant increase from $680,000 in 2019 to the current $1,040,000, a growth of 52.94%. This well-maintained home is positioned north-facing, offering breathtaking views of the city and the Alps, while the established garden with fruit trees and a swimming pool provides a serene escape.
With a HouGarden AVM of $965,000, this property presents a great opportunity, especially considering it's selling for over $100,000 below the CV. The CV growth history and recent sales reflect the area's desirability. The location is further enhanced by its proximity to Cashmere Village Green, and the property falls within the zones of highly-rated schools such as Cashmere High School, Villa Maria College, and Cashmere Primary Te Pae Kereru, to name a few.
For families with children, the school network is a highlight, with a range of educational institutions catering to different age groups, all within deciles 5-10. This property not only offers a comfortable living environment but also a promising investment in both real estate value and educational opportunities.
Updated on June 27, 2024