87 Ostler Road, Twizel, Mackenzie

Welcome to 87 Ostler Road, an exquisite property nestled in the tranquil Lake Ruataniwha area. This comfortable family home boasts 3 bedrooms, an office that could double as a fourth, and 3 car parks. Constructed in 2000 with concrete walls and an iron roof, both in good condition, it sits on a level 1-hectare freehold section. The property's capital value has seen a rapid increase from $780,000 in October 2020 to $1,060,000 as of July 2023, a growth of 35.9%. The latest sale history includes a sale in 2014 for $485,000 and an earlier one in 2002 for $77,265. HouGarden AVM estimates the property's value at $970,000. This property is not just about numbers; it's about lifestyle, with a floor area of 180sqm and a serene outdoor setting that invites relaxation and entertainment.

When it comes to the government's valuation, the property has shown a strong upward trend, reflecting its appeal and desirability. The recent increase in capital value is a testament to the property's potential as an investment. The quiet cul-de-sac location adds to the property's charm and privacy, making it an ideal place to call home.

For families with school-aged children, the property falls within the zones of Craighead Diocesan School, a secondary school with a decile rating of 9, and Roncalli College, a secondary school with a decile rating of 7. This ensures access to quality education within the community.

Updated on December 18, 2024