12 Arrowsmith Drive, Methven, Ashburton

Located at 12 Arrowsmith Drive, Methven, Ashburton, this residential vacant property offers a unique opportunity to build your dream home in the prestigious Camrose Estates. The property spans a generous 781 square meters of level land, providing ample space for a modern home. The ownership type is Freehold, ensuring full ownership rights. While the roof and wall construction details are unknown, the property is well-positioned for development with council-approved plans ready to go.

The property's capital value has seen a slight decrease from $205,000 on July 1, 2021, to $190,000 on July 1, 2024, reflecting a CV increase rate of -7.32%. The HouGarden AVM currently values the property at $195,000. Recent sales history shows the property was sold for $190,000 on both April 17, 2025, and January 13, 2023. This indicates a stable market value, making it a sound investment opportunity.

While specific school zoning information is not provided, the property's location in Methven suggests proximity to local educational facilities. The area is known for its community-oriented environment, making it ideal for families. The combination of a prime location, development-ready status, and stable market value makes this property a compelling choice for prospective homeowners and investors alike.

Updated on September 25, 2025