2/64 Osborne Street, Waltham, Christchurch

Nestled in the tranquility of a quiet cul-de-sac at 2/64 Osborne Street, Waltham, Christchurch, this 1970-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The well-maintained property features concrete walls, an iron roof, and a level contour, ideal for low maintenance living. It is under a Cross-Lease ownership with a floor area of 70 square meters, perfect for first home buyers or as a valuable addition to any rental portfolio. The property is Healthy Homes compliant and currently tenanted on a periodic basis.

With a significant Capital Value (CV) increase from $220,000 in 2019 to $355,000 in 2022, reflecting a growth of 61.36%, this property also presents a solid investment opportunity. The latest sales history shows transactions at $210,000 in 2019 and $160,000 prior, while the HouGarden AVM estimates the property's worth at $340,000.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Decile 9) caters to Years 11-13, Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), Te Aratai College (Year 7&8, Decile 3), and Waltham School (Full Primary, Decile 3) are all within easy reach.

Updated on October 25, 2024