Nestled behind a charming white picket fence, this 3-bedroom, 1-bathroom character home on a cross-lease title at 1/56 Cornwall Street, Saint Albans, Christchurch, is a gem for first home buyers or investors. Constructed in 1920 with wood walls and an iron roof, both in average condition, this residence boasts a floor area of 110sqm and a carport. The property has seen a significant Capital Value (CV) increase from $405,000 in August 2019 to $530,000 in August 2022, a growth of 30.86%. The latest sale was recorded at $402,500 in 2018, with a current HouGarden AVM of $525,000. The living room, with its French doors opening to a sun-drenched deck, is the highlight of this home. The kitchen/dining area is spacious, including a free-standing butcher's block, suitable for a kitchen table or a second lounge setting. The third bedroom is ideal for a nursery, children's room, or home office. This property is zoned for top-rated schools such as Heaton Normal Intermediate and St Albans School, both with a decile rating of 9.
With a CV on the rise and a desirable school zone, this property offers great potential for capital gains and a quality education for the family. The location, coupled with the home's warmth and character, makes it a must-see. Don't miss the opportunity to secure this beauty.
Educationally enriched, the property falls within the catchment area of several esteemed schools, including Middleton Grange School (Years 11 - 13) and Emmanuel Christian School, both with high decile ratings, ensuring a quality education for the children.
Updated on November 11, 2024