Nestled on a level plot of approximately 2.0234 hectares, this freehold property at 113 Ward Road, Cheviot, Hurunui, presents a lucrative opportunity. With an unknown roof and wall construction, this land holds potential for the visionary buyer. The property, close to the town center, is a blank canvas that awaits transformation into a future masterpiece. Since 2019, the Capital Value has seen a significant increase of 59.48%, rising from $116,000 to the current $185,000. The HouGarden AVM estimates the value at $160,000, making it an attractive prospect for investment.
Historically, the property has shown a strong growth trajectory, with the latest CV reflecting a substantial appreciation. The quiet locale of this cul-de-sac adds to the appeal, offering a peaceful setting for potential development. The property's contour being level further simplifies the construction process for the discerning buyer.
For families with educational considerations, this property falls within a school zone with favorable decile ratings. The proximity to quality schools adds to the property's allure, making it an excellent choice for those considering both investment and family needs.
Updated on July 06, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
1.03 km | 3 | 1 | 91m2 | 2024 09 27 | $300,000 | Council approved | ||
 | 0.24 km | 2 | 1 | 95m2 | 2024 09 25 | $435,000 | Council approved | |
 | 0.52 km | 3 | 1 | 103m2 | 2024 09 24 | $385,000 | Council approved | |
 | 0.61 km | 2 | 1 | 90m2 | 2024 09 06 | - | Council approved | |
 | 0.38 km | 3 | 160m2 | 2024 08 20 | $530,000 | Council approved |