40 Railway Terrace West, Rakaia, Ashburton

Nestled at 40 Railway Terrace West, Rakaia, Ashburton, this commercial vacant property is set on a levelled contour with a land area of 1017 square meters. It boasts an unknown roof and wall construction, indicating potential for renovation and customization to suit the buyer's needs. The freehold title ensures full control and ownership. With a single bathroom and no specified number of bedrooms or carparks, this property presents a versatile opportunity in a quiet cul-de-sac.

As per the valuation records, the capital value has seen a growth of 11.90% from $210,000 in 2021 to $235,000 in 2024. The HouGarden AVM reflects a similar figure, while the latest sale on September 13, 2024, was at $96,000, suggesting a dynamic market and investment potential.

Educationally, the property falls within the zones of several well-regarded schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings of 9 and 8 respectively, as well as Mount Hutt College, Ashburton Christian School, Ashburton College, and Craighead Diocesan School, all offering a range of educational options from primary to secondary levels.

Updated on October 02, 2024