15 Cavan Place, Mairehau, Christchurch

Located in the serene neighborhood of Mairehau, Christchurch, 15 Cavan Place is a testament to mid-century modernist design, offering a timeless aesthetic combined with functional living spaces. This freehold property features 3 bedrooms, a spacious floor area of 170 square meters, and sits on a 641 square meter land parcel. The exterior boasts concrete walls in good condition and an iron roof rated as average. Built in 1966, the property is level and has been meticulously maintained and renovated to preserve its original charm while incorporating modern elements for contemporary living.

Over the years, the property has seen a significant increase in capital value, from $475,000 in August 2019 to $700,000 in August 2022, marking a 47.36% growth. The latest sale recorded on February 8, 2024, was at $785,000, up from $462,000 in March 2016. The HouGarden AVM estimates the property's value at $685,000, highlighting its desirability and investment potential.

The property is zoned for several reputable schools, including Middleton Grange School (decile 9), Emmanuel Christian School (decile 8), and Marian College (decile 8), among others. This makes it an ideal choice for families seeking quality education for their children. The diverse range of schools, from composite to secondary, ensures a broad spectrum of educational opportunities.

Updated on March 22, 2024.