239 Old Ferry Road, Morven, Waimate

Located at 239 Old Ferry Road, Morven, Waimate, this lifestyle-improved property boasts a spacious 200m2 residence nestled on a generous 8093m2 (approximately 2 acres) of level land. The home, built in 1950, features 4 bedrooms, 2 bathrooms, and 1 carpark. It is constructed with mixed materials for the walls and an iron roof, both in average condition. This freehold property is an ideal B & B or homestay, complete with a swimming pool and tennis court, offering a unique blend of comfort and leisure.

Over the years, the capital value of this property has seen significant growth, from $320,000 in July 2019 to $525,000 in July 2022, marking a 64.0625% increase. Despite this, the latest sale on January 19, 2024, was at $435,000, slightly below the HouGarden AVM of $505,000. The property's rich history of valuation includes a notable sale at $290,000 on February 15, 2013, and an RV of $265,000 in 2010.

In terms of education, the property is zoned for Glenavy School (Full Primary, decile 7), Craighead Diocesan School (Secondary Year 7-15, decile 9), and Roncalli College (Secondary Year 9-15, decile 7), offering excellent options for family schooling. These schools are known for their quality education and supportive community.

Updated on April 06, 2024.