45 Woodbank Road, Hanmer Springs, Hurunui

Located at 45 Woodbank Road, Hanmer Springs, Hurunui, this residential dwelling offers a serene lifestyle with its sunny position and superb mountain views. The property features two spacious double bedrooms, one bathroom, and accommodates two cars with its double garage. The heart of this cherished family home is the north-facing kitchen, which opens up to a generous dining/lounge area, complete with a cozy log fire and a heat pump, ensuring comfort across all seasons. The house, built in 1960 with roughcast walls and an iron roof, spans 81sqm on a level 809sqm freehold section. Despite the average condition of the walls and the fair condition of the roof, the property boasts character and potential, especially for builders, renovators, or first-time home buyers.

Over the years, the capital value of this property has seen significant growth, from $320,000 in September 2019 to $495,000 by July 2021, marking a 54.6875% increase. The latest sale on January 17, 2024, was at $490,000, slightly above the HouGarden AVM of $475,000. This growth trajectory underscores the property's value appreciation and potential for future gains.

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 advantage. This educational opportunity adds to the appeal of the property for families looking for quality schooling options.

Updated on April 06, 2024.