Nestled in the desirable Bishopdale neighborhood, this 2-bedroom residence with a single carpark is a gem on a cross-lease title. Constructed in 1984 with robust brick walls and iron roofing, the property stands firm with a good condition both inside and out. It boasts a level contour and a floor area of 130 square meters, perfect for a family looking for comfort and convenience. The property has seen a significant increase in Capital Value, rising from $435,000 in 2019 to $550,000 as of August 2022, marking a 26.4% growth. The latest sale history shows a transaction at $561,700, while the current HouGarden AVM estimates it at $505,000.
For families with school-aged children, the property falls within the catchment of several high-performing schools, including Cotswold Matahae School (Decile 8), Breens Intermediate (Decile 7), and the highly-rated St Patrick's School (Decile 10). Its proximity to secondary schools like Villa Maria College (Decile 9) and Middleton Grange School (Decile 9) makes it an even more attractive proposition for long-term investment.
With double-glazed windows, a ventilation system, and a private backyard, this home offers both warmth and privacy. The convenient location, close to the Papanui Club, shopping malls, and the airport, adds to the appeal. It's a perfect blend of comfort, convenience, and potential for further value appreciation.
Updated on December 17, 2024