5 Virginia Lane, Mount Pleasant, Christchurch

Nestled in the serene Virginia Lane of Mount Pleasant, Christchurch, this 3-bedroom, 2-carpark family home is a charming freehold property established in 1996. The residence, with a floor area of 180sqm, is set on a levelled 1332sqm section with a roughcast exterior and an iron roof in good condition. The property has seen a significant increase in Capital Value (CV), rising from $740,000 in August 2019 to $1,050,000 in August 2022, indicating a growth of 41.89%. The HouGarden AVM estimates the property's value at $1,005,000, while the latest sale was recorded at $700,000 in May 2020.

For families with school-aged children, the property falls within the catchment area of highly regarded schools such as Te Raekura Redcliffs School (Decile 10), Middleton Grange School (Decile 9), and Marian College (Decile 8), among others. The location offers easy access to a network of educational institutions, making it an ideal investment for those who value quality education.

Backing onto a reserve with walking tracks and situated in a tranquil cul-de-sac, this property provides a private and secure haven. The well-maintained north-facing patio and garden are perfect for outdoor entertainment, complemented by the abundance of off-street parking. With its combination of desirable location, capital growth potential, and access to excellent schools, this property is a compelling opportunity for any growing family.

Updated on November 01, 2024