Nestled at 29 Church Street, Hampstead, Ashburton, this charming residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1940 with brick walls and tiled roofing, this home sits on a level plot with a floor area of 83 square meters and a vast land area of 1012 square meters. The property has seen an impressive CV increase of 11.59%, from $345,000 in 2021 to $385,000 as of 2024, reflecting a strong growth trend. The latest sale was recorded in 2018 at $260,000, while the current HouGarden AVM estimates the property's value at $367,500.
For families with school-aged children, the property falls within the catchment area of several well-regarded institutions, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings. Ashburton Christian School, Ashburton College, and St Joseph's School are among the other educational options in the vicinity. This quarter-acre section presents an exciting opportunity for first-home buyers, investors, or developers seeking potential development prospects while enjoying the convenience of a central location and the comfort of a solidly built home with modern amenities like double glazing and heat pumps.
With a generous section size and ample garaging facilities, this property offers both space and convenience, making it an attractive prospect for those who thought such a purchase was beyond their budget. The urgency of the vendors' sale means this could be a chance not to be missed.
Updated on October 23, 2024