Nestled in the serene cul-de-sac of Waverley Street, Sydenham, Christchurch, this 46 square meter, 1-bedroom unit with a full bathroom and a carpark, is a gem for any homeowner or investor. Constructed in 2019 with mixed materials for the walls and iron for the roof, this unit title property is in a prime condition, both in walls and roof. The current Capital Value (CV) stands at $450,000, a 50% increase from the 2019 CV of $300,000, showcasing a rapid growth potential. The property's contour is level, and it's equipped with modern amenities including a heat pump for heating and cooling.
With a HouGarden AVM of $445,000 and a latest sale record of $375,000 in 2020, this property presents a sound investment opportunity. The government valuation history reflects a consistent rise, indicating a secure investment with a promising future. The property is assessed at $450-$470 per week, making it an attractive option for investors.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School (Decile 9) and Marian College (Decile 8) are among the secondary options, while Hillview Christian School (Decile 7) and Waltham School (Decile 3) cater to primary and intermediate levels. This property not only offers comfort and convenience but also a quality education zone for your family.
Updated on November 22, 2024