Located at Hinds Highway, Hinds, Ashburton, this unique property falls under the 'Other - Vacant' category, featuring a vast land area of 7544 square meters. With an unknown building age, roof, and wall construction, this freehold property presents a blank canvas for potential development. Despite the absence of bedrooms, bathrooms, and car parks, its expansive land offers ample opportunities.
The property has seen a significant increase in capital value, rising from $12,500 on July 1, 2018, to $17,000 on July 1, 2021, marking a 36% growth. The HouGarden AVM estimates its value at $15,000. Historical sales data reveals a sale for $12,000 on April 1, 1996, followed by a substantial sale for $72,000 on September 30, 1996.
Situated within a diverse school zone, the property is close to several educational institutions with varying deciles: Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Hinds School (decile 5), Ashburton Christian School (decile 6), Ashburton College (decile 6), St Joseph's School (Ashburton) (decile 8), and Craighead Diocesan School (decile 9). This variety offers a range of educational options for families.