Nestled in the esteemed Saint Albans, Christchurch, this charming property at 3/36 Kinloch Street offers a serene lifestyle with its 2-bedroom, 1-bathroom layout, and a single carpark. Constructed in 1973 with concrete walls and tiled roofing, this cross-lease home exudes warmth and practicality with an average wall and roof condition. The property, valued at $520,000 as per the latest government valuation, has seen a remarkable CV increase of 46.48% since 2019, reflecting its growing appeal. The floor area spans 70 square meters, while the contour is level, creating a cozy environment that's further enhanced by the presence of a heat pump for all-season comfort.
With a HouGarden AVM of $500,000 and a latest sale history of $394,000 in 2020, this property presents a solid investment opportunity. The capital value growth is a testament to the area's desirability, with a previous sale in 2013 at $322,000. This address is not only convenient, but it's also zoned for some of the best schools in the region, including Burnside High School, Christchurch Boys' and Girls' High Schools, Heaton Normal Intermediate, and St Albans School, all with impressive decile ratings.
For families with children, the school zones alone make this property a stand-out choice. The location is further complemented by the proximity to local shops and the city center, which can be easily reached on foot or by bike. This property is not just a home; it's an investment in a lifestyle that combines convenience, comfort, and educational excellence.
Updated on October 11, 2024