500a Harewood Road, Harewood, Christchurch

Nestled in a serene cul-de-sac on 1/500 Harewood Road, this Residential - Ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1974 with iron roofing and concrete walls in good condition, this level property has a floor area of 90 square meters. The cross-lease tenure adds to the property's unique charm. Notably, the capital value has seen a significant increase of 64.18% from $335,000 in 2019 to $550,000 as of 2022. The HouGarden AVM estimates the property's worth at $552,500, closely aligning with the latest sale price of $550,000 in 2024, a substantial rise from the previous sale of $350,000 in 2013.

For families with children, the property falls within the catchment area of several well-regarded schools, including Harewood School and Cotswold Matahae School, both with a decile rating of 8. Other educational institutions in the vicinity include Breens Intermediate, Christ the King School, St Patrick's School, and Villa Maria College, among others, catering to various school levels and decile ratings.

With a modern kitchen, sunny conservatory, and the potential for a high-return short-term rental, this property presents a lovely home or a fantastic investment opportunity.

Updated on September 18, 2024