9 Orkney Street, Strowan, Christchurch

Located at 9 Orkney Street, Strowan, Christchurch, this unique double-dwelling property offers a blend of vision and value in a sought-after neighborhood. The primary residence, a 1940s weatherboard-and-tile home, features a two-bedroom layout with a versatile sunroom or study, complemented by a log burner and heat pump in the lounge. The property also includes a tastefully updated, self-contained one-bedroom studio, fully fenced for privacy. With a floor area of 138sqm and sitting on a 761sqm piece of TC2 land, this freehold property is a captivating option for home buyers and investors alike. The secure single garage completes the package of this level-contoured property, which is presented to the market on an 'as is, where is' basis.

From a valuation perspective, the property has seen a significant increase in capital value, from $660,000 in August 2019 to $930,000 in August 2022, marking a 40.91% increase. The HouGarden AVM estimates the property's value at $892,500, with the latest sale recorded at $880,000 in March 2024, following a previous sale at $900,000 in July 2022. This demonstrates the property's strong appeal and potential for growth.

Education is a key feature of this property, with exceptional zoning for public schools including Burnside High School, Cobham Intermediate, and Christ the King School, all with high decile ratings. Nearby private schools such as Villa Maria College, Christchurch Boys' High School, and Christchurch Girls' High School further enhance the educational appeal of this location. This makes the property an ideal choice for families seeking quality education options.

Updated on April 04, 2024.