Nestled at 2 James K Baxter Place, Addington, Christchurch, this Residential - Dwelling is a charming 1915-built property with roughcast walls and an iron roof, both in good condition. It sits on a levelled 515sqm of freehold land, boasting a floor area of 137sqm, with 4 bedrooms, 2 carparks, and the convenience of a heat pump. The property has seen a significant Capital Value increase of 60%, from $425,000 in 2019 to the current $680,000, echoing the HouGarden AVM of $675,000. The latest sale was for $700,000 in 2021, a stark contrast to the $200,000 sale in 2005, highlighting the investment potential. Within the Cashmere High School zone, this property is ideal for families, with several high-decile schools nearby, including Villa Maria College and Middleton Grange School.
With a CV growth that outpaces the market and a prime location, this home offers exceptional value. It features 3 double bedrooms, a versatile 4th room, 2 bathrooms, and double glazing. Its proximity to Barrington Mall and the City Centre, along with leisure spots like the Christchurch Adventure Park, adds to the appeal. This is not just a home but a sound investment opportunity in a sought-after school zone, offering a perfect blend of character, convenience, and location.
For families with children, the school network is a key highlight. Cashmere High School, St Thomas of Canterbury College, and Christchurch South Karamata Intermediate are among the top choices, each with a decile rating that signifies quality education. This property is not just a dwelling but a gateway to a promising future for the young ones.
Updated on December 02, 2024