182 South Street, Hampstead, Ashburton

Nestled in the serene Hampstead of Ashburton, this charming 2-bedroom, 1-bathroom residence on a generous 966m2 section presents an enticing opportunity on a freehold title. Constructed in 1955 with wood walls and iron roof in good condition, the property is move-in ready with modern enhancements, including new flooring and a cozy log fire. The property's capital value has seen a significant increase of 21.28% from $235,000 in 2018 to $285,000 as of 2021, reflecting a sound investment prospect. The latest sale history dates back to 2019 at $226,500, with a HouGarden AVM estimate of $280,000, indicating potential growth. The property is located in a prime school zone, including high-decile secondary schools like Villa Maria College and St Thomas of Canterbury College, making it an ideal choice for families.

With a spacious section, there's potential for further development or landscaping to add value. The property includes a carport and a tandem garage, providing ample parking and storage. This is not just a home but a gateway to future possibilities, whether you're looking to step onto the property ladder or explore development opportunities.

Educationally, the property falls within a desirable school network. The nearby schools, such as Ashburton Christian School, Ashburton College, and Ashburton Borough School, offer diverse educational options and are well-regarded with varying decile ratings, ensuring a quality education for children of all ages.

Updated on July 26, 2024