23 Arrowsmith Drive, Methven, Ashburton

Nestled in the serene environment of 23 Arrowsmith Drive, Methven, Ashburton, this vacant residential section spans across 745sqm of freehold land. It's an ideal canvas to construct your dream home, with the added convenience of having town water, power, and fibre ready at the boundary. The property boasts an unknown roof and wall construction, indicating a blank slate for your architectural vision. With a recent HouGarden AVM valuation of $190,000, this plot presents a golden opportunity to invest in a high-quality subdivision. The capital value has seen a slight dip from $200,000 in 2021 to $185,000 as of 2024, showcasing a -0.075% growth rate. Notably, the latest sale history demonstrates an increase from $165,000 in 2021 to $190,000 in 2024, indicating a promising trend in the area's property market.

Despite the fluctuation in CV, the section's potential is undeniable, especially with the convenience of being in close proximity to Methven's amenities and natural attractions. The property's contour is level, simplifying the building process and enhancing the potential for a seamless integration into the picturesque landscape. This is a chance to build your future today, in a location that is both tranquil and connected.

For families, the school zone is a significant draw. The local schools boast impressive decile ratings, ensuring a quality education for children. This, combined with the property's prime location and growth potential, makes it an attractive prospect for both investors and homeowners alike.

Updated on October 09, 2024