Nestled in the serene Settlers Crescent, this industrial-light-manufacturing property at 1b Ferrymead, Christchurch, boasts a Unit Title ownership with a well-maintained concrete exterior and tiled roof, both in good condition. Constructed in 1980, the property includes 2 car parks and a floor area of 177 square meters.
With a significant Capital Value increase of 60% from $250,000 in August 2019 to $400,000 in August 2022, the property's estimated value by HouGarden AVM stands at $392,500. The latest sale record on July 11, 2024, indicates a transaction price of $415,000.
For families, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Mt Pleasant School (Decile 10), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), and Te Aratai College (Decile 3) for Year 7 & 8.
Updated on August 07, 2024