Nestled at 37 Searells Road, Strowan, Christchurch, this freehold property boasts a residential dwelling with 4 bedrooms, 4 carparks, and a floor area of 171 square meters on a sprawling 733 square meter land. Constructed in 1940, the home features roughcast walls and tiled roofing, both in average condition. The property, located in a level contour, presents a prime opportunity in a highly sought-after cul-de-sac.
With a Capital Value (CV) of $1,240,000 as of August 2022, the property has shown a remarkable increase of 42.53% from its 2019 CV of $870,000. The HouGarden AVM estimates the property's value at $1,250,000, while the latest sale records from 2004 and 2001 indicate a growth trend. This is a spacious section that is orientated to maximize sun and privacy, with the added benefit of a studio and office space.
For families with school-aged children, this property falls within the zones of esteemed schools such as Christ the King School (Decile 8), St Patrick's School (Decile 10), and Christchurch Boys' and Girls' High Schools. It's also well-located for access to several top private schools. This is a rare offering in a prime location, ready for renovation or to be used as a blank canvas.
Updated on September 26, 2024