42c Valley Road, Cashmere, Christchurch

Nestled in the serene Valley Road, Cashmere, Christchurch, this 3-bedroom, 2-carpark residence is a charming freehold property. Constructed in 2003 with roughcast walls and an iron roof, both in good condition, the home offers a floor area of 135sqm on a land area of 603sqm, set on an easy/moderate rise contour. The property's capital value has seen a significant increase, rising from $590,000 in 2019 to the current $910,000, reflecting a growth of 54.24%. The HouGarden AVM estimates the property's worth at $847,500, while the latest sale was recorded at $753,000 in 2024.

With a history of sales, including one in 2003 for $335,000, this property is not only an attractive investment but also a peaceful retreat. The upper level boasts an open-plan living area with timber flooring, opening up to picturesque treetop and city skyline views, creating a warm and inviting atmosphere. The lower level provides privacy with all three bedrooms, making it an ideal family home.

Zoned for highly regarded schools, such as Cashmere High School and Cashmere Primary Te Pae Kereru, both with a decile rating of 9, this property is perfect for families seeking quality education. Other nearby schools include Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Hillview Christian School, and Hagley Community College, all within reach. This tranquil retreat with city views is a rare find, offering both serenity and convenience in a sought-after location.

Updated on June 12, 2024