53 Forest Drive, Methven, Ashburton

Located at 53 Forest Drive, Methven, Ashburton, this unique property offers a blend of commercial and residential opportunities. It features a charming home with 4 bedrooms, an open plan kitchen and living area, and three outbuildings. The property also includes a large rear verandah and a private backyard, complemented by a separate one-bedroom self-contained flat. Constructed with wood walls and an iron roof, the condition of both is mixed, covering a floor area of 200m2 on a substantial freehold land area of 1012m2.

The property has seen a steady increase in capital value, from $390,000 in July 2018 to $425,000 in July 2021, marking an 8.97% growth. The latest sale recorded on December 17, 2023, was at $715,000, significantly above the HouGarden AVM of $407,500. This demonstrates the property's strong market appeal and potential for investment.

Education is well catered for, with access to several high-decile schools including Villa Maria College, St Thomas of Canterbury College, Methven School, Mount Hutt College, Ashburton Christian School, and Craighead Diocesan School. These schools range from decile 6 to 9, offering quality education options for families.

Updated on April 06, 2024.