2/175 Colombo Street, Sydenham, Christchurch

Located at 2/175 Colombo Street, Sydenham, Christchurch, this residential dwelling boasts 2 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 100 square meters. Constructed in 1984 with concrete walls and tile roofing, the property is in good condition, presenting a level contour. It operates under a Cross-Lease ownership type, emphasizing its unique position in the market.

The property has seen a significant capital value increase, from $375,000 in August 2019 to $560,000 in August 2022, marking a 49.33% growth. The latest sale recorded on February 15, 2024, was at $576,500, up from $180,000 in April 2003. The HouGarden AVM estimates its value at $537,500, showcasing its potential for further appreciation.

Education is a cornerstone of this property's appeal, located within zones for high-decile schools including Villa Maria College, St Thomas of Canterbury College, Middleton Grange School (Years 11 - 13), Christchurch South Karamata Intermediate, Somerfield Te Kura Wairepo, Cashmere High School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College. These institutions range from decile 5 to 9, offering a variety of educational opportunities for families.

Updated on April 04, 2024.