Nestled at 1/5 Chislehurst Place, Bryndwr, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with concrete walls and an iron roof, both in good condition, the property sits on a level contour and is heated by a modern heat pump. It's a cross-lease title with a floor area of 100 square meters, perfect for first-time buyers, professionals, small families, or retirees.
As per the government valuation, the capital value has seen a remarkable increase of 62.32% from $345,000 in 2019 to $560,000 in 2022. The HouGarden AVM estimates the property's value at $542,500, while the latest sale was recorded at $555,000 in 2024, a significant jump from the $117,000 sale in 2001.
Educationally, the property falls within the zones of highly esteemed schools such as Burnside High School, Cobham Intermediate, St Patrick's School, Fendalton Open Air School, and Christchurch Girls' and Boys' High Schools, all with high decile ratings, making it an ideal investment for families with school-aged children.
Updated on August 14, 2024