Nestled on a sprawling 2,911 sq metre freehold section at 847 Boundary Road, Willowby, Ashburton, this industrial-light-manufacturing property boasts 6 bedrooms and 1 bathroom. With an unknown roof and wall construction, this property presents a mysterious allure. The capital value has seen a significant increase from $380,000 in 2018 to $460,000 in 2021, reflecting a growth rate of 21.05%. The latest sale was recorded at $540,000 in 2024, while the HouGarden AVM estimates it at $442,500.
For investors, this property offers a golden opportunity with a history of solid rental returns. The property includes two houses and large sheds, currently providing a tidy income. The deadline sale invites offers around $399,000, presenting a chance to increase your portfolio with a property that has shown promising growth.
Educationally, the property falls within a desirable zone, close to high-decile schools such as Villa Maria College and Longbeach School. Other nearby schools include St Thomas of Canterbury College, Ashburton Christian School, Ashburton College, St Joseph's School, and Craighead Diocesan School, catering to various educational needs and levels.
Updated on April 10, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 3.54 km | 2 | 1 | -m2 | 2025 01 16 | $249,000 | Council approved | |
7.31 km | 0m2 | 2024 12 15 | $295,652 | Council approved | ||||
7.35 km | 0m2 | 2024 12 15 | $295,652 | Council approved | ||||
 | 6.60 km | 4 | 303m2 | 2024 10 25 | $1,235,000 | Council approved | ||
3.65 km | 4 | 260m2 | 2024 09 30 | $840,000 | Council approved |