4 Manatu Lane, Waltham, Christchurch

Nestled in a serene cul-de-sac, this delightful standalone home boasts 2 double bedrooms, each with its own bathroom, and a spacious floor area of 170sqm. The freehold property, built in 1980 with brick walls and tiled roof, both in good condition, sits on a levelled 660sqm land. The latest sale history showcases an increase from $500,000 in 2018 to $777,000 in 2024, indicating a rapid capital value growth of 51.02%. The property is valued at $740,000 according to the government's latest assessment, closely matching the HouGarden AVM of $735,000. Its convenient location is further enhanced by the proximity to top-rated schools such as Middleton Grange School (Decile 9) and Marian College (Decile 8), making it an ideal investment for families.

With a history of appreciating value, this property presents a golden opportunity for investors. The capital value has surged from $490,000 in 2019 to the current $740,000, reflecting a significant increase that outpaces the market average. The large double garage with internal access and the lovely indoor/outdoor living area add to the appeal of this charming residence.

For families with children, the property falls within the catchment area of several well-regarded schools, including Hillview Christian School (Decile 7) and Hagley Community College (Decile 6). The local primary schools, Waltham School (Decile 3) and Opawa School (Decile 4), also offer quality education. This home is not just a haven of tranquility but also a smart choice for those who value education and growth potential.

Updated on November 07, 2024