5 Lochiel Drive, Hanmer Springs, Hurunui

Located at 5 Lochiel Drive, Hanmer Springs, Hurunui, this stunning residential dwelling boasts 3 bedrooms and 2 carparks, with a generous floor area of 215 square meters and a sprawling land area of 2280 square meters. Built in 2018, the property features a wood construction with a good condition iron roof, ensuring durability and aesthetic appeal. The freehold ownership type offers unrestricted ownership rights, making it an ideal choice for families seeking a permanent residence. Nestled in a serene setting, the property's level contour adds to its charm and ease of access.

The property has seen a remarkable increase in capital value, from $655,000 in September 2019 to $990,000 in July 2022, marking a 51.145% growth. This is further supported by a HouGarden AVM estimate of $975,000. The latest sale on February 9, 2024, recorded a sale price of $1,000,000, significantly higher than its previous sale price of $165,000 on November 28, 2009, highlighting the property's substantial appreciation over time.

Education is well catered for, with the property falling within the zone for Amuri Area School (Year 7-8), which is a composite school with a decile rating of 8. This indicates a high level of educational resources and a conducive learning environment, making it an excellent choice for families with school-age children.