Nestled at 129 Sumnervale Drive, Sumner, Christchurch, this freehold property is a charming residential dwelling, built in 1998 with mixed materials and an iron roof, both in good condition. It boasts a floor area of 188sqm and sits on a land area of 618sqm with an easy/moderate fall contour. The 4-bedroom, 1-carpark home has undergone a 2018 extension and renovation, reflecting a capital value increase from $600,000 in 2019 to $1,225,000 as of 2022, a growth of 104%. The property's highlights include a sunny aspect, valley views, and glimpses of the ocean, complemented by a wrap-around deck, dual lawns, and a sheltered balcony.
With a HouGarden AVM of $1,140,000 and a latest sale history of $470,000 in 2008 and $435,000 in 2005, this property offers excellent value. The CV growth reflects a promising investment opportunity in a sought-after location. Notably, the property is strategically positioned near Sumner village, offering accessibility to amenities, beaches, and scenic walks, while the school network includes high-decile institutions like Sumner School, Middleton Grange School, and Marian College.
For families, the property is a perfect blend of functionality and style, with two living zones, a study, and a separate outdoor studio room. It's within the catchment area of top-rated schools, including a composite school with a decile rating of 9, a full primary with a decile of 10, and secondary schools with deciles ranging from 5 to 8. This combination of location, value, and educational opportunities makes it an attractive prospect for those seeking to settle in the picturesque Sumner area.
Updated on July 02, 2024