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40 Colombo Street, Cashmere, Christchurch, 4 Bedrooms, 3 Bathrooms, House

Sold: $730,000

Sold on 2024 Year 2024 Month 11 Day 28

40 Colombo Street, Cashmere, Christchurch

4
3
164m2
789m2

Nestled in the serene Cashmere neighborhood, this charming 4-bedroom, 3-bathroom residence boasts a spacious floor area of 164 sqm, sitting pretty on a generous 789 sqm of freehold land. Constructed in 1940 with wood walls and tiled roof, both in good condition, this property offers a tranquil lifestyle in a sought-after cul-de-sac. The capital value has seen a remarkable increase of 47.69% from $650,000 in 2019 to $960,000 as of 2022. The property also features a sunroom, 2 car parks, and a well-maintained garden, ideal for family fun.

With a HouGarden AVM of $877,500 and a latest sale history of $730,000 in 2024, this property presents a sound investment opportunity. The government valuation growth and the latest sale price reflect the property's increasing desirability in the market.

For families with school-aged children, this property falls within the Thorrington School zone, a decile 10 institution, and is in close proximity to Cashmere High School, Christchurch South Karamata Intermediate, and other well-regarded schools. The educational options are vast and of high quality, making this an even more attractive proposition for families.

Updated on December 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$410,000Increased by 6% from year 2019
Land value$550,000Increased by 107% from year 2019
CV(Year 2022 Month 08)$960,000Increased by 47% from year 2019
View typeNo appreciable view
ContourLevel
Land area789m²
Floor area164m²
Decade of construction1940
TitleCB30F/1267
Type of titleFreehold
Legal descriptionLOT 1 DP 52386
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 52386,789m2
ConstructionExternal Walls: Wood
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Kura o Huriawa Thorrington
0.27 km
Primary
1-6
Government
Co-Educational
EQI: 378
10
Cashmere High School
1.08 km
Secondary
9-15
Government
Co-Educational
EQI: 418
9
Hillview Christian School
1.54 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Christchurch South Karamata Intermediate School
1.62 km
Secondary
7-8
Government
Co-Educational
EQI: 421
8
Te Puna Wai o Waipapa - Hagley College
3.18 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
5.78 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
6.87 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
St Thomas of Canterbury College
7.35 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Christchurch Adventist School
7.51 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Suburban
Land:789m²
Title:Freehold

Surrounding facilities

Colombo Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
24 Thorrington Road, Cashmere
0.12 km
5
1
-m2
Year 2024 Month 12 Day 13
-
Council approved
0.29 km
3
128m2
Year 2024 Month 11 Day 07
$930,000
Council approved
34 Malcolm Avenue, Beckenham
0.24 km
3
2
-m2
Year 2024 Month 09 Day 02
-
Council approved
56A Colombo Street, Cashmere
0.22 km
4
2
-m2
Year 2024 Month 07 Day 18
-
Council approved
1 Nutfield Lane, Cashmere
0.11 km
3
2
-m2
Year 2024 Month 07 Day 10
-
Council approved

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