70 Tinline Terrace, Lyford, Hurunui

Located at 70 Tinline Terrace, Lyford, Hurunui, this residential vacant land spans 4,002sqm, offering panoramic views that ensure absolute privacy and tranquility within the 97 section alpine village. With no immediate neighbors as sections on either side have been built on, and covenants in place to maintain the village's aesthetic with no boundary fences, a minimum section size of 4,000sqm, a roof pitch of no less than 35 degrees, and an alpine feel to any dwelling built. The property is freehold, with unknown details regarding the roof and wall construction, and is level in contour.

From a financial perspective, the capital value of the property has seen a significant increase from $68,000 on September 1, 2019, to $130,000 on July 1, 2022, marking a 91.18% growth. The latest sale on January 19, 2024, was at $100,000, following a previous sale at $72,500 on May 23, 2018. The HouGarden AVM estimates the property's value at $122,500. This section's value has consistently grown, reflecting its desirability and the potential for further appreciation.

In terms of education, the property falls within the zone for Amuri Area School (Year 7-8), which is a composite school with a decile rating of 8, indicating a high level of community socio-economic status. This property is not just a piece of land but a gateway to a lifestyle close to Mt Lyford Alpine Resort and within easy reach of Hanmer Springs and Kaikoura, offering a blend of adventure and relaxation.

Updated on April 06, 2024.