Located at 51 Waiau Street, Cracroft, Christchurch, this charming residential dwelling offers a serene living experience with its brick construction and tile roof, dating back to 1960. The property boasts a level contour across its 690m² land area, complemented by a comfortable 108m² floor area that houses 2 spacious bedrooms, a bathroom, and a carpark. The freehold ownership type ensures complete control over this well-maintained property, featuring good condition walls and roof. Its open-plan living, dining, and kitchen areas, along with two heat pumps, provide a cozy environment year-round. The landscaped garden with a stream boundary adds a picturesque quality, making it an ideal first home or downsizer option.
Over the years, the capital value of this property has seen a significant increase, from $475,000 in August 2019 to $710,000 in August 2022, marking a 49.47% growth. This is further supported by a HouGarden AVM estimate of $695,000. Historical sales data reveals transactions at $160,000 in July 1998 and $168,000 in May 2001, showcasing the property's appreciating value. The deadline for the next sale is set for the 27th of February at 2pm, unless sold prior.
The property is situated in a prime school zone, with access to top-rated educational institutions including Our Lady of the Assumption School (Chch) and Cashmere Primary Te Pae Kereru, both with a decile rating of 10. Other notable schools in the vicinity include Villa Maria College, Middleton Grange School (Years 11 - 13), and Cashmere High School, all with a decile rating of 9, ensuring a quality education for residents. Its proximity to parks, bus routes, and other amenities further enhances its appeal to families and individuals alike.
Updated on March 22, 2024.