81 Wakanui Road, Elgin, Ashburton

Nestled at 81 Wakanui Road, Elgin, Ashburton, this freehold property is a charming residential dwelling, built in 1949 with solid red bricks and a roof of tiles. The exterior walls are in good condition, reflecting the meticulous renovation that has taken place throughout the property. It boasts a floor area of 125 square meters and is set on a levelled land area of 1012 square meters. The home features three bedrooms, two car parks, and is equipped with two heat pumps ensuring warmth and comfort. The renovated bathroom services the bedrooms with a large shower and vanity, while the kitchen, dining, and separate lounge provide ample space for family living. The laundry is well-sized with good storage and a separate toilet. The covered area by the back door opens up to a spacious backyard, complete with a lawn, gardens, and a tunnel house. This property not only offers numerous parking options but also sits adjacent to a new modern sub-division, adding to its appeal.

As for the financials, the capital value has seen a growth of 20.75% from $294,000 in 2018 to $355,000 in 2021. The HouGarden AVM estimates the property value at $357,500. The latest sale on July 20, 2024, was recorded at $485,000, indicating a healthy investment return.

For families with children, the property falls within a desirable school zone. The local schools are well-rated, ensuring a quality education for the young ones.

Updated on September 11, 2024