Nestled at 81 Archibald Street, Tinwald, Ashburton, this charming residential dwelling on a Freehold title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1937 with wood walls and an iron roof, both in average condition, this level property offers a floor area of 71 square meters on a generous land area of 1012 square meters. The potential for subdivision adds to its allure, making it an attractive prospect for investors and visionaries.
With a Capital Value (CV) that has seen a remarkable increase of 26.67% from $300,000 in 2021 to $380,000 as of 2024, and a HouGarden AVM of $377,500, the property's latest sale history is marked at $365,000 on October 8, 2024, and $370,000 on June 11, 2023. These figures indicate a promising investment opportunity with substantial growth potential.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Ashburton Christian School (Decile 6), among others. The educational options provide a solid foundation for academic excellence.
Updated on November 20, 2024