182 Rossall Street, Merivale, Christchurch

Nestled in the prestigious Merivale, this freehold property at 182 Rossall Street boasts a spacious layout with 5 bedrooms, 4 bathrooms, and 2 car parks. Constructed in 1974 with quality brick walls and tiled roofing, the 380sqm floor area is set on a level 749sqm section. The capital value has seen a remarkable increase of 53.77% from $1,060,000 in 2019 to $1,630,000 as of 2022. The property's HouGarden AVM is $1,640,000, with the latest sales recorded in 2016 and 2008 at $911,500 and $971,455 respectively. The well-maintained property, with its modern amenities including five heat pumps and gas hot water, is perfect for families and investors alike.

With a prime school zone that includes top-rated institutions such as Elmwood Normal School, Heaton Normal Intermediate, Christchurch Boys' High School, and Christchurch Girls' High School, this property is not just a home but a smart investment in education. The schools, with deciles ranging from 8 to 10, offer a high standard of education and are a significant draw for families.

Centrally located, this property is mere moments from Merivale Mall and Elmwood Park, offering convenience and a serene lifestyle in a quiet cul-de-sac. The versatile setup, with potential for an 8-bedroom flat, presents a golden opportunity for investors looking to expand their portfolio in a highly sought-after area.

Updated on October 01, 2024