Nestled in the serene Ravenna Street, a quiet cul-de-sac in Avonhead, Christchurch, stands this well-constructed, low-maintenance residence. Built in 1991 with robust brick walls and tiled roofing, this 146 square meter home with 3 bedrooms and 2 carparks, is a prime example of comfortable living. The property, on a cross-lease title, has seen a capital value surge of 40.66% over the past three years, from $455,000 to the current $640,000. The house remains in good condition both inside and out, with a level contour and a garden that invites green fingers to add their personal touch.
With a latest sale recorded in 2005 for $275,000 and an estimated value of $612,500 by HouGarden AVM, this property offers a sound investment with a promising growth trajectory. The increase in capital value underscores the appeal of this location, making it an attractive prospect for both homeowners and investors.
For families with school-aged children, the property falls within the zones of esteemed institutions such as Burnside High School and Merrin School, both with a decile rating of 8, as well as Villa Maria College and Middleton Grange School, rated 9. The educational opportunities are second to none, ensuring a bright future for the young ones.
Updated on April 23, 2024