Nestled in the serene Pateke Place, a quiet cul-de-sac in Bromley, Christchurch, this 1974-built residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and a single carpark. The 100sqm floor area is complemented by a 548sqm level land, both roof and walls in good condition with iron and concrete construction respectively. The property's Capital Value (CV) has seen a remarkable increase of 61.19% from $335,000 in 2019 to $540,000 as of 2022. The latest sale history shows a transaction at $380,000 in 2024 and another at $230,000 in 2011. HouGarden AVM estimates the property's value at $542,500, making it an attractive investment with a clear CV growth trajectory.
For families with school-going children, the property falls within the zone of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Bromley School (Decile 3), among others. This ensures access to quality education at various levels.
Boasting an open plan living/kitchen/dining area with a ranch slider for seamless indoor-outdoor flow, a log burner, and a heat pump for alternative heating and cooling, this home is perfect for those looking to put in a bit of effort to transform it into a warm and inviting space. With a payout of $15,469.89 credited to the purchaser on settlement, this property is not just a home but a smart investment opportunity.
Updated on September 11, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.21 km | 2 | 1 | 83m2 | Year 2024 Month 12 Day 05 | $500,000 | Council approved | ||
 | 0.17 km | 3 | 1 | 130m2 | Year 2024 Month 11 Day 25 | - | Council approved | |
0.18 km | 3 | 111m2 | Year 2024 Month 11 Day 06 | $615,500 | Council approved | |||
 | 0.12 km | 4 | 1 | 132m2 | Year 2024 Month 10 Day 25 | $585,000 | Council approved | |
 | 0.18 km | 2 | 1 | 90m2 | Year 2024 Month 10 Day 15 | - | Council approved |