34 Thornton Street, Mairehau, Christchurch

Nestled at 34 Thornton Street, Mairehau, Christchurch, this charming property boasts a versatile layout with 3 bedrooms, ample parking spaces, and a generous floor area of 108 square meters on a level 725 square meter freehold section. Constructed in 1924, the residence features roughcast walls and an iron roof, both in average condition. The property's current Capital Value (CV) stands at $740,000 as of August 2022, showcasing a significant increase of 49.49% from its $495,000 valuation in August 2019. This is a perfect investment opportunity, with a HouGarden AVM estimate of $685,000 and a history of latest sales at $132,500 in 2011 and $268,000 in 2009.

For families, the property falls within a desirable school zone, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Shirley School (Decile 3), among others. This ensures access to quality education for all ages. The property's convenient location near the CBD, shopping malls, and transportation further enhances its appeal.

With a whimsical architecture and cozy living spaces, this property offers a unique blend of character and comfort. The versatile property also presents potential workshop spaces, making it an ideal choice for DIY enthusiasts or those seeking additional garaging. Whether you are looking for a first home or a lucrative investment, this property promises immediate returns and long-term appreciation.

Updated on July 09, 2024