25 Molesworth Place, Somerfield, Christchurch

Nestled in the serene cul-de-sac of Molesworth Place, within the coveted Somerfield suburb of Christchurch, stands this inviting residential dwelling on a freehold title. Constructed in 1973 with robust concrete walls and tiled roofing, the property boasts 3 bedrooms, 2 carparks, and a sprawling 210 square meters of floor area on a levelled 577 square meter plot. The home is maintained in good condition, both inside and out, and is equipped with modern amenities including 4 heat pumps and separate laundry facilities.

With a current Capital Value (CV) of $930,000, this property has seen a remarkable increase of 50% from its $620,000 CV in 2019. The HouGarden AVM estimates the property's worth at $867,500, while the latest sale history shows a significant jump from $220,000 in 2001 to $450,000 in 2011. Such figures are a testament to the investment potential of this address.

For families with school-aged children, the property falls within the zones of several high-performing schools, including Cashmere High School, Villa Maria College, and Middleton Grange School. These institutions are known for their high decile ratings, ensuring access to quality education. The convenience of this location, coupled with its attractive CV growth and potential, makes 25 Molesworth Place an opportunity not to be missed.

Updated on May 17, 2024