Located at 82 Melcombe Street, Tinwald, Ashburton, this residential dwelling offers a unique opportunity with its one bedroom, spacious lounge featuring a log fire on wetback and heat pump, a gully kitchen, and bathroom/laundry facilities with a separate toilet. The property spans a generous floor area of 61m2 on a substantial land area of 1012m2. Built in 1962, the house has brick walls and an iron roof, both in average condition, and sits on a level contour. Ownership is Freehold, ensuring complete control over the property. The outdoor space is a highlight, with cottage plantings at the front and numerous fruit trees and berry plants at the rear, complemented by a single garage on an automatic door plus an attached workshop, lean-to, and shade houses.
The property has seen a significant increase in capital value, from $220,000 on July 1, 2018, to $300,000 on July 1, 2021, marking a 36.36% growth. The latest sale on January 30, 2024, was at $385,500, while the HouGarden AVM estimates the property's value at $290,000.
Education is well catered for, with the property being zoned for several schools including Villa Maria College and Craighead Diocesan School, both with a decile rating of 9, St Thomas of Canterbury College and St Joseph's School (Ashburton) with a decile of 8, and several others providing a range of educational options from primary to secondary levels.
Updated on April 06, 2024.