Embrace the opportunity to own a distinguished two-story office block, ideally positioned in the heart of Ashburton. This freehold property, with its brick exterior and tiled roof, offers a generous floor area of 670sqm on a vast 1695sqm land. The property includes one carpark and boasts an average wall and roof condition. The government's capital value has seen a 9% decrease from $770,000 in 2018 to $700,000 in 2021, while the HouGarden AVM estimates a higher value of $1,042,500. Notably, the property sold for $680,000 in 2024, showing a significant increase from the $342,987 sale in 2011. This commercial hub is zoned for Business A, providing flexibility for various commercial activities. Educationally, the property falls within the catchment of several high-performing schools, including Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), making it an attractive option for families.
With its spacious boardrooms, 28 offices, and a comfortable staff room, this property is designed to enhance business operations and collaboration. The potential for expansion and development on such a large plot is immense. Whether you are an established business or a savvy investor, this property's blend of history, functionality, and strategic location is a rare find. The owners are motivated to sell and are open to reasonable offers. Arrange a viewing today and unlock the potential of this expansive and prestigious property.
Located in a prime school zone, the property is close to esteemed institutions such as Villa Maria College, St Thomas of Canterbury College, and more. These schools offer a high standard of education and are rated highly in their respective deciles, ensuring a quality education for the family. The property's central location and proximity to these schools make it an invaluable investment for those considering both business and family needs.
Updated on April 11, 2024