25 Merrington Crescent, Aranui, Christchurch

Nestled in the serene cul-de-sac of Merrington Crescent, this charming residential dwelling, built in 1950, offers a prime opportunity for first home buyers or investors. The freehold property boasts 2 bedrooms, 1 bathroom, and a generous 86 square meters of floor area, complemented by a double garage and 2 carparks. The concrete walls and iron roof are in average condition, ensuring a sturdy structure. With a heat pump for year-round comfort, a combined kitchen and dining area, and a separate laundry, this home is cozy and functional. The 711 square meter section is fully fenced, providing a safe haven for children and pets to play.

Boasting a CV of $420,000 as of August 2022, the property has seen a remarkable increase of 64.71% from its 2019 CV of $255,000. The HouGarden AVM estimates the property's value at $392,500, making it an attractive prospect for potential investors. The recent sales history and CV growth reflect the property's escalating value in the market.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School, with a decile rating of 9, Hillview Christian School at decile 7, Haeata Community College at decile 1, Christchurch Adventist School at decile 5, Hagley Community College at decile 6, and Marian College at decile 8, all offer a range of educational opportunities for students of different ages.

Updated on July 05, 2024