18b Herbs Place, Cashmere, Christchurch

Nestled at 18b Herbs Place, Cashmere, Christchurch, this residential dwelling is a gem on a level contour. Constructed in 1999 with brick walls and an iron roof, both in good condition, the property offers 2 car parks and a floor area of 140 square meters. It is held under a Cross-Lease title, ensuring a unique ownership experience.

With a Capital Value (CV) of $670,000 as of August 2022, the property has shown a significant increase from its $550,000 CV in August 2019, reflecting a growth of 21.82%. The HouGarden AVM estimates the property's value at $665,000, while the latest sale history shows a transaction at $776,000 in 2024 and $375,000 in 2010, indicating a steady appreciation over the years.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Years 11-13, Decile 9), Cashmere High School (Decile 9), and Thorrington School (Decile 10), among others, ensuring access to quality education.

Updated on November 13, 2024