46 Macmillan Avenue, Cashmere, Christchurch

Nestled in the serene Cashmere Hills, this 1915 villa on 46 Macmillan Avenue boasts 5 bedrooms, 4 carparks, and a floor area of 310sqm. Constructed with wooden walls and tiled roofing, this freehold property exudes a charming vintage aura. The capital value has seen a rapid increase, rising from $1,410,000 in 2019 to $2,140,000 as of 2022, reflecting a growth rate of 51.77%. The property is situated on a spacious 1731m2 section with an easy/moderate fall contour, offering panoramic views of Christchurch City and the Southern Alps.

With a HouGarden AVM of $1,990,000 and a latest sale history of $815,000 in 2012, this property presents a sound investment opportunity. Notably, the government valuation has shown a consistent upward trend, indicating a promising future for capital growth.

Educationally, the property falls within the zones of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Cashmere High School (Decile 9). This makes it an ideal choice for families seeking top-notch education for their children.

Updated on June 21, 2024