Nestled at 25 Warrington Street, Mairehau, Christchurch, this residential dwelling boasts a charming blend of traditional elegance and modern convenience. The 3-bedroom, 1-bathroom home with a single carport is set on a cross-lease title, featuring wood exterior walls and an iron roof, both in average condition. Constructed in 1915, the property has a level contour and a floor area of 100 square meters. It has recently undergone a comprehensive renovation, including a new kitchen, bathroom, flooring, and a fresh coat of paint, all while preserving the high ceilings and original windows that add to its character.
As for the property's financials, the capital value has seen a remarkable increase from $365,000 in 2019 to $590,000 in 2022, a growth of 61.64%. The latest sale history includes a transaction in 2018 for $236,500 and one in 2014 for $172,000. The current HouGarden AVM estimates the property's value at $592,500, making it an attractive investment opportunity.
When it comes to education, the property falls within the zones of several reputable schools. St Albans School and Mairehau High School are in close proximity, both with good decile ratings. Other schools in the area include Middleton Grange School, Emmanuel Christian School, and Hagley Community College, among others, offering a range of educational options for families.
Updated on September 16, 2024