Nestled on a quiet cul-de-sac at 11 Kerr Street, Netherby, Ashburton, this 1930-built residential dwelling boasts a freehold title on a levelled 673m2 section. The home, with average-condition wood walls and iron roof, features 3 bedrooms, a single carpark, and a floor area of 140m2. It presents an opportunity for value addition with its original red brick structure and healthy home compliancy, currently rented and awaiting a loving touch.
As per the property's financials, the capital value has seen a significant increase from $225,000 in 2018 to $320,000 in 2021, showcasing a growth rate of 42.22%. The HouGarden AVM estimates the property's worth at $300,000, while the latest sale history dates back to 2005 at $151,500. This home holds awesome potential as a project for DIY enthusiasts, looking to transform it into their dream home or a lucrative investment.
For families with school-going children, the property falls within the catchment area of several reputable schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, along with other well-rated institutions like Ashburton Christian School and St Joseph's School.
Updated on June 13, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 2 | 1 | 113m2 | 2024 05 10 | $392,000 | Council approved | |
 | 0.30 km | 3 | 2 | 165m2 | 2024 04 04 | $600,000 | Council approved | |
 | 0.16 km | 3 | 1 | 120m2 | 2024 03 28 | $510,000 | Council approved | |
0.19 km | 3 | 148m2 | 2024 03 14 | $545,000 | Council approved | |||
0.23 km | 3 | 1 | 125m2 | 2024 02 14 | $485,000 | Council approved |