32/17 Bunyan Street, Waltham, Christchurch

Nestled in the serene St Martins Village Green development, opposite the picturesque Waltham Park, stands this meticulously maintained post-quake townhouse. This 96 square meter, 3-bedroom, 1-bathroom home with a single car park is a Unit Title property, built in 2017 with mixed materials for the walls and iron for the roof, both in good condition. The property, valued at $570,000 as per the latest government valuation, has seen a remarkable CV increase of 48.05% since 2019. The potential for income generation is enhanced by the separate studio rooms, each with its own ensuite and kitchenette, currently earning a total rental income of $800 per week. The property's quiet cul-de-sac location, with a private patio and shared green spaces, is complemented by easy access to public transport and the nearby Colombo Mall.

With a HouGarden AVM of $520,000 and a latest sale history of $520,000 in 2024, this property presents a compelling investment opportunity. The previous sale in 2015 was for $449,900, showcasing the consistent growth in value. Comprehensive information is available to support a well-informed purchase decision.

For families, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Marian College (Decile 8), and Hillview Christian School (Decile 7), among others. This combination of location, value, and potential makes it an opportunity not to miss!

Updated on December 18, 2024