Nestled in the serene environment of 2/36 Office Road, Merivale, Christchurch, this charming residence boasts a brick exterior and a tiled roof, constructed in the 1960s. It offers 2 bedrooms, 1 bathroom, and a single carpark, with a floor area of 100 square meters, under the ownership type of Cross-Lease. The property has experienced a substantial Capital Value increase of 56.1% over the past three years, from $410,000 in August 2019 to the current $640,000 as of August 2022. The HouGarden AVM estimates the property's value at $612,500, while the latest sale history shows transactions at $401,000 in 2018 and $380,000 in 2015.
For families with school-aged children, the property falls within the zone of several top-rated schools, including Burnside High School, Christchurch Girls' & Boys' High Schools, and St Patrick's School, all known for their high decile ratings and quality education. This makes it an ideal investment for those seeking a premium education for their children.
Located in a quiet cul-de-sac, the property is convenient to Merivale Mall and the nearby Merivale Reserve, offering a blend of tranquility and accessibility. The residence, with its modern updates, open-plan living, and private outdoor area, presents an attractive opportunity for first-time buyers, downsizers, and investors alike.
Updated on October 14, 2024