38 Farrington Avenue, Bishopdale, Christchurch

Nestled in the serene Bishopdale, this charming 1962 brick bungalow on a freehold title boasts 3 bedrooms, 1 bathroom, and 2 car parks. The 108sqm floor area is complemented by a 663sqm level land, featuring an iron roof and good condition brick walls. This property has seen a 50% increase in Capital Value from $440,000 in August 2019 to $660,000 in August 2022. The HouGarden AVM estimates it at $655,000, with the latest sale recorded at $612,000 in May 2021. A heat pump ensures year-round comfort, and the potential for value addition is significant. It's located in a sought-after school zone, with Burnside High School, Breens Intermediate, and Isleworth School among the highly rated educational institutions in the area.

With a CV growth that outpaces the market and a quiet cul-de-sac location, this property presents an attractive opportunity for first-home buyers or investors. The well-maintained home is ready to move into, yet offers ample scope for enhancements. The open-plan living space, with a log burner, and a private patio make for comfortable family living, while the expansive backyard provides a sanctuary for children to play.

Close to local amenities, parks, and excellent schools, this property is not just a home but an investment in a promising future. The schools in the zone, including St Patrick's School and Villa Maria College, are known for their high decile ratings, ensuring a quality education for the family.

Updated on November 14, 2024