Nestled at the corner of Peterborough and Madras Streets, this 3-bedroom, freehold property exudes historic charm with its 1900-built wooden exterior and iron roof. Currently valued at $730,000, the capital value has seen a rapid increase of 43.14% since 2019. The 130sqm floor area is complemented by a levelled 304sqm land, all set in a quiet cul-de-sac. The property's latest sale was for $715,000 in 2024, following a sale in 2015 for $482,000, reflecting a growing investment potential. The HouGarden AVM estimates the property at $710,000, making it an attractive opportunity in the Christchurch central property market.
For families, the property falls within the decile 9 Middleton Grange School zone and is close to several other well-rated schools, including Hillview Christian School and Marian College. This combination of prime location and educational excellence makes it a desirable address for those seeking a quality lifestyle.
With its rich history, versatile living spaces, and modern amenities like a heat pump, this property is not just a home but a piece of Christchurch's history. It invites visionary owners to restore it to its former glory or transform it into their dream home.
Updated on July 26, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.12 km | 2 | 1 | 64m2 | Year 2024 Month 11 Day 16 | $560,000 | Council approved | ||
0.09 km | 3 | 137m2 | Year 2024 Month 10 Day 23 | $830,000 | Council approved | |||
0.12 km | 3 | 1 | 64m2 | Year 2024 Month 09 Day 30 | $455,000 | Council approved | ||
 | 0.11 km | 3 | 1 | 64m2 | Year 2024 Month 09 Day 04 | $512,500 | Council approved | |
 | 0.08 km | 1 | 1 | 50m2 | Year 2024 Month 08 Day 09 | - | Council approved |