112 Taits Road, Newland, Ashburton

Nestled on 2.3426 hectares in the serene Taits Road of Newland, Ashburton, this freehold property is a gem for those seeking a tranquil rural lifestyle. Constructed in 1973 with robust concrete walls and iron roofing, the house stands firm with a good condition, both inside and out. It boasts 3 spacious bedrooms, a carport, and a large double garage, catering to a family's needs. The property, with a capital value of $910,000 as of 2024, has seen a CV increase of 13.75% from the previous year, reflecting its growing worth. The house presents an open-plan kitchen and dining area, a semi-separate lounge, and a generous games room, ensuring ample space for family activities. The attached carport and double garage offer protection from the elements for your vehicles. Additionally, a three-bay hay shed and stock race/yards enhance the property's functionality for farming enthusiasts.

With a HouGarden AVM of $877,500, this property has a history of being well-valued. The recent sale history and rapid CV growth indicate a sound investment opportunity. The property's potential for subdivision adds to its allure, making it an attractive prospect for land banking or development in a desirable location.

For families with children, the property falls within a highly regarded school zone. The local schools are known for their high decile ratings, ensuring quality education for the young ones. This combination of a comfortable family home, potential for growth, and access to quality education makes this property a rare find.

Updated on October 30, 2024