1298 Stanley Road, Elgin, Ashburton

Nestled on a sprawling 22.2 hectares, this quality 4-bedroom home with office space is located at 1298 Stanley Road, Elgin, Ashburton. The property boasts a generous floor area of 260 square meters and is complemented by large living and outdoor living spaces, all set within beautifully landscaped gardens that ensure privacy and shelter. The home, built on a freehold title, includes several sheds perfect for workshop, implement storage, and a woolshed/covered yard. It's ideal for farming with cattle and sheep yards, and is situated in the sought-after Wakanui School Zone. The property has seen a CV of $1,420,000 in 2018, with the latest government valuation at $1,370,000 as of 2021, indicating a slight decrease of 3.52%. However, the HouGarden AVM and the latest sale price of $1,850,500 in 2024 show a significant increase, making this a sound investment. The roof and wall construction are unknown, yet the property is well maintained. The surrounding schools, including Villa Maria College and St Thomas of Canterbury College, are both secondary schools with high decile ratings, making this an attractive property for families.

With the current vendors retiring, this is a unique opportunity to secure a small farm holding that has been meticulously maintained and offers a variety of potential uses, from sheep studs to cattle finishing. The serene environment with a pond, mature shrubs, and trees provides an excellent space for relaxation and outdoor living, including a spa area.

Elgin's educational facilities are noteworthy, with schools like Wakanui School, Ashburton Christian School, and St Joseph's School offering primary education, while Ashburton College and Craighead Diocesan School provide secondary education, all within a good decile range. This property is not just a home but a strategic purchase in a prime location.

Updated on June 12, 2024