9 Forest View Close, Hanmer Springs, Hurunui

Nestled at 9 Forest View Close, Hanmer Springs, Hurunui, this residential vacant land boasts a freehold title, sitting on a level contour of 659 square meters. While the specifics of the wall and roof construction remain unknown, the property presents a promising investment with a capital value that has seen a significant leap.

As per the valuation records, the capital value has surged from $250,000 in September 2019 to $370,000 as of July 2022, indicating a growth rate of 48%. The HouGarden AVM estimates the property's worth at $340,000, and the latest sale history shows transactions at $350,000 in November 2024 and $79,000 way back in March 2003.

For families with school-aged children, the property falls within the zone of Amuri Area School, a composite school with a decile rating of 8, ensuring quality education for years 7 to 8.

Updated on December 11, 2024