2/200 Wainoni Road, Avondale, Christchurch

This charming 3-bedroom home located at 2/200 Wainoni Road, Avondale, Christchurch, is a perfect blend of comfort and convenience. Built in 1995, the property boasts a solid brick construction with an iron roof, both in good condition, ensuring durability and ease of maintenance. The house covers a floor area of 130 square meters, featuring a level contour which makes it accessible and user-friendly. It operates under a Cross-Lease ownership type, making it an excellent choice for those looking for a hassle-free property investment. The residence is well-equipped with a double garage, providing ample space for parking and storage.

Over the years, the property has seen a significant increase in its capital value, from $325,000 in August 2019 to $495,000 in August 2022, marking a 52.31% growth. This rapid appreciation is a testament to the property's value and the potential for future growth. The latest sale in February 2024 further confirms its market appeal, with a sale price of $500,000. The HouGarden AVM estimates the property's value at $475,000, indicating a strong and stable investment.

The property is situated in a prime location with access to top-rated schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School both with a decile of 5, and Marian College with a decile of 8. This makes it an ideal home for families prioritizing education. Additionally, its proximity to Avondale Golf Club and Pak 'n Save adds to the convenience and lifestyle benefits of living in this area.

Updated on April 05, 2024.