8 Algie Place, Avonhead, Christchurch

Nestled in the serene Avonhead, at 8 Algie Place, this freehold property is a gem on an easy/moderate rise contour. Constructed in 1983 with robust brick walls and tiled roof, the house stands in good condition both inside and out. It boasts 4 bedrooms, a vast floor area of 170sqm, and a land size of 610sqm, complete with 2 carparks and a heat pump for comfort. The capital value has seen a significant increase of 40%, jumping from $500,000 in 2019 to the current $700,000, echoing the HouGarden AVM of $695,000. The latest sale in 2005 was for $306,000, highlighting the property's consistent growth.

For families with school-aged children, the property falls within the decile 8 Burnside High School and Merrin School zones, and is also close to Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, and Hagley Community College, all reputable institutions with high decile ratings.

Set in a quiet cul-de-sac, this residence offers privacy and tranquility, with seamless indoor-outdoor flow, a feature that makes it a family favorite. The location is convenient, with amenities like Avonhead mall nearby, making this property not just a home, but a sound investment for the future.

Updated on November 13, 2024