Nestled on a quiet cul-de-sac at 8 Alford Forest Road, this charming freehold bungalow boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1920 with wood walls and an iron roof, both in average condition, this residential dwelling sits on a level contour with a spacious floor area of 116 sqm and a generous land area of 616 sqm. The modern kitchen features a walk-in pantry, complemented by an open plan living area and a sunroom, with a compliant log fire for cozy winters.
As for the property's financials, the capital value has seen a significant increase from $315,000 in 2018 to $415,000 in 2021, a growth of 31.75%. The HouGarden AVM estimates the property's value at $397,500, while the latest sale was recorded in 1998 for $72,000. This indicates a promising investment opportunity with substantial value appreciation over the years.
For families with children, the property falls within the catchment area of several well-regarded schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively, along with Ashburton Christian School, Ashburton College, Ashburton Borough School, St Joseph's School, Ashburton Intermediate, and Craighead Diocesan School, offering a range of educational options from primary to secondary levels.
Updated on April 29, 2024