Nestled on a level plot of land at 26 Grigg Street, Ashburton, this residential vacant land holds the promise of multiple housing potential. With an unknown roof and wall construction, this freehold property offers a clean slate for future development. The property boasts a land area of 809 square meters, with no existing floor area or parking facilities documented. The unknown condition of the walls and roof adds an air of mystery to this promising investment.
As per the latest valuation records, the capital value has seen a dramatic increase from $260,000 in 2021 to $390,000 in 2024, showcasing a growth rate of 50%. The HouGarden AVM reflects a similar figure of $260,000, while the latest sale history shows a sale price of $385,000 in 2024 and an earlier sale in 1991 for $51,500.
For families with school-aged children, the property falls within a highly sought-after school zone. Notable institutions include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Craighead Diocesan School (Decile 9) for secondary education, while Ashburton Borough School (Decile 7) and St Joseph's School (Decile 8) cater to primary levels, and Ashburton Christian School (Decile 6) offers a composite curriculum.
Updated on September 25, 2024