25 Colcord Place, Methven, Ashburton

Nestled at 25 Colcord Place, Methven, Ashburton, this charming residential dwelling on a freehold title boasts 2 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 1976 with a mix of materials for the walls and iron for the roof, both in good condition, this property presents a level contour and a floor area of 143 square meters on a land area of 534 square meters. The home, with its spiral staircase and retro detailing, is a testament to the 1970s design, offering a dramatic living room with high ceilings and a functional kitchen that flows into a relaxed dining and lounging area, warmed by a cozy log burner.

As for the financials, the capital value has seen a growth of 21.28% from $470,000 in 2021 to $570,000 in 2024, according to the government valuation. The HouGarden AVM estimates the property at $520,000, while the latest sale was recorded at $505,000 in 2024, a significant increase from the $230,000 sale in 2005. This property is not just a home but a promising investment.

For families with school-aged children, the property falls within the zones of several high-performing schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Methven School, Mount Hutt College, and Craighead Diocesan School are also within reach, ensuring access to quality education.

Updated on December 18, 2024