Nestled on a spacious 723sqm section in the serene Davis Crescent of Netherby, Ashburton, this freehold property boasts a charming red brick exterior and an iron roof, constructed in the year 1960. It features 3 bedrooms, a separate bathroom and toilet, and a single car park, all encompassed within a floor area of 107sqm. The property presents an average condition both in walls and roof, offering a solid foundation for potential updates and equity addition.
With a current Capital Value (CV) of $330,000 as of July 2021, this residence has shown a remarkable CV increase of 40.43% since July 2018. The HouGarden AVM estimates the property's value at $310,000, while the recent sale history remains a testament to its growing appeal. This is indeed a sound investment opportunity in a sought-after location.
For families with school-going children, this property falls within the catchment area of several well-regarded educational institutions. The nearby Villa Maria College and St. Thomas of Canterbury College are both secondary schools with high decile ratings of 9 and 8 respectively, while Ashburton Christian School and Ashburton College offer additional options. The presence of primary schools like St. Joseph's and Ashburton Intermediate, and the contributing school Ashburton Netherby, completes the picture for a family-friendly neighborhood.
Updated on May 09, 2024