Located at 2a Kura Lane, Diamond Harbour, Christchurch, this residential dwelling boasts 3 bedrooms, 1 bathroom, and spans across a floor area of 90m² with a substantial land area of 1290m². The property, built in the 1950s, features fibrous cement walls in good condition and an iron roof also in good condition. It sits on a steep rise, offering unique landscape views, and holds a freehold ownership type, making it an attractive option for those seeking full ownership rights.
The property has seen a significant increase in capital value, jumping from $315,000 in August 2019 to $650,000 in August 2022, marking a 106.35% increase. Despite this, the HouGarden AVM estimates its value at $637,500. The latest sale on February 8, 2024, was at $610,000, up from $312,000 on August 13, 2019, reflecting the property's growing market appeal.
For families prioritizing education, the property is zoned for several high-decile schools, including Middleton Grange School (decile 9), Aidanfield Christian School (decile 8), Cashmere High School (decile 9), Christchurch Adventist School (decile 5), and Marian College (decile 8). These schools offer a range of educational options from composite to secondary levels, catering to diverse educational needs.