31 Denby Place, Hanmer Springs, Hurunui

Nestled in the serene Denby Place, this Hanmer Springs beauty on a steep fall boasts 2 bedrooms, 1 bathroom, and a carpark. Constructed in 1980 with fibrous cement walls and an iron roof in good condition, this freehold property offers a floor area of 73sqm and a land area of 549sqm. The home is move-in ready with open plan living, gas fire, and a heat pump for warmth, complemented by a conservatory for leisurely mornings. The well-stocked vegetable garden and apple tree are a testament to the property's potential for green thumbs. Notably, the capital value has surged by 52.78% from $360,000 in 2019 to $550,000 in 2022. The HouGarden AVM estimates it at $510,000, while the latest sales were in 1996 for $117,500 and 1991 for $85,000.

Government valuations aside, the property's location within the Amuri Area School zone for Year 7-8 students is a significant plus, given the school's composite nature and an impressive decile rating of 8.

With a $20K price drop, this central property with stunning views and loads of potential is an opportunity not to be missed!

Updated on July 09, 2024