44 Akaroa Street, Mairehau, Christchurch

Welcome to 44 Akaroa Street, a charming 1950s residence nestled in a peaceful cul-de-sac of Mairehau, Christchurch. This freehold property boasts 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 97 square meters and a generous land area of 622 square meters. Constructed with fibrous cement walls and tiled roof, this dwelling maintains an average condition, exuding a cozy ambiance perfect for first-home buyers and investors. Notably, the property has seen a significant Capital Value (CV) increase of 50% from $320,000 in 2019 to $480,000 in 2022, echoing its investment potential. The separate studio/games room and the spacious single garage contribute to the property's versatility, while the ample off-street parking adds convenience.

With a HouGarden AVM of $475,000 and a latest sale history of $326,050 in 2014, this property holds a promising financial track record. The previous sale in 2004 was at $184,000, indicating a consistent capital appreciation over the years. The property's strategic location within the Mairehau Primary and Mairehau High School zones, both with commendable decile ratings, is a significant draw for families. Other nearby schools include Middleton Grange School (Decile 9) and Emmanuel Christian School (Decile 8), offering a range of educational options.

Set on a level contour, this residence is within walking distance to Macfarlane Park and The Palms shopping Centre, with easy access to the Christchurch city centre just over 5 kilometers away. It's a perfect blend of comfort, convenience, and potential, making it an attractive proposition for those seeking a slice of Mairehau life.

Updated on November 08, 2024