Positioned at 2 Hopkins Road, a serene cul-de-sac in Twizel, Mackenzie, this freehold property boasts a 3-bedroom, 1-bathroom dwelling with a single car park. Constructed in 1970 with fibrous cement walls and an iron roof, the residence has an average condition and spans a level contour across 67 square meters of floor area and 631 square meters of land. The modern amenities include a heat pump and woodburner, complemented by a versatile sleepout that can serve as a fourth bedroom. Notably, the property's Capital Value (CV) has seen a rapid increase of 18.6% from $430,000 in October 2020 to $510,000 as of July 2023, indicating a sound investment. The HouGarden AVM estimates the property's worth at $490,000, while the latest sales history shows a significant leap from $52,000 in 2003 to $273,000 in 2016.
For families, the property falls within the zones of esteemed schools such as Craighead Diocesan School, a secondary institution with a decile rating of 9, and Roncalli College, rated at a decile 7. This provides an added advantage for those with educational considerations. The property's potential as an Airbnb, given its central location and turnkey solution with full furniture, presents a lucrative opportunity for investors seeking a dual-purpose asset that promises both comfort and financial returns.
With its unique blend of historic charm and contemporary living, 2 Hopkins Road is not just a home but a smart investment that truly makes dollars and sense.
Updated on April 22, 2024