Located at 4 Ludhiana Street, Casebrook, Christchurch, this residential property is a testament to modern living and convenience. Built in 1982, the home features two bedrooms, a contemporary kitchen, and versatile living spaces including an open plan living/dining area and a separate lounge. The property is constructed with concrete walls and tile roofing, both in good condition, and spans a floor area of 140 square meters on a level cross-lease land. It offers two carparks and is complemented by manicured grounds and established gardens, providing an idyllic setting for alfresco entertaining. The property is also equipped with a heat pump, ensuring year-round comfort.
The capital value of this property has seen a significant increase, from $410,000 in August 2019 to $570,000 in August 2022, marking a 39.02% growth. The HouGarden AVM estimates its value at $557,500. Its sale history includes transactions in May 2012 for $360,000 and in September 2002 for $184,000. This property's appeal is further enhanced by its proximity to amenities such as Bishopdale Shopping Center and Papanui Club, making it a highly sought-after location.
Education is a priority in this area, with access to a range of schools including Cotswold Matahae School (decile 8), Breens Intermediate (decile 7), Christ the King School (Christchurch) (decile 8), Villa Maria College (decile 9), Middleton Grange School (Years 11 - 13) (decile 9), Emmanuel Christian School (decile 8), Casebrook Intermediate (decile 6), Papanui High School (decile 7), St Joseph's School (Papanui) (decile 9), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), and Marian College (decile 8). This diverse selection of educational institutions ensures that families have ample choice for their children's schooling needs.