78 Marlow Road, Aranui, Christchurch

Located at 78 Marlow Road, Aranui, Christchurch, this stunning modern post-quake build is a residential dwelling that offers an exceptional opportunity for first home buyers. Constructed in 2015 with wood walls in good condition and an iron roof also in good condition, this property features two double bedrooms, one bathroom, and one carpark, spread across a floor area of 95 square meters on a level cross-lease title. The property boasts double glazing, a sunny north-facing aspect, and a well-fenced outdoor area, making it a perfect blend of modern living and comfort.

The capital value of this property has seen a significant increase, from $325,000 in August 2019 to $520,000 in August 2022, marking a 60% growth. The latest sale in December 2023 confirmed the property's value at $520,000, up from $175,000 in March 2010. The HouGarden AVM estimates the property's value at $500,000, highlighting its investment potential and the opportunity for substantial capital gains.

Education is a priority, and this property is ideally located within the zones of several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School (decile 7), Haeata Community College (Year 9-15) with a decile rating of 1, Christchurch Adventist School (decile 5), Hagley Community College (Secondary, Year 9-15, decile 6), and Marian College (Secondary, Year 9-15, decile 8). This wide range of educational options ensures that families have access to quality education across different levels and specialties.

Updated on April 06, 2024.