Nestled on a serene 688sqm north-facing section in the highly sought-after Kenwyn Avenue of Christchurch, this 1949-built, freehold property boasts 3 bedrooms, a single carpark, and a floor area of 135sqm. Constructed with wooden walls and tiled roofing, this dwelling presents a fair wall condition and an average roof condition. The capital value has seen a remarkable increase of 78.8% from $330,000 in 2019 to $590,000 as of 2022. The property is in a level contour, providing a solid foundation for potential development.
With a HouGarden AVM of $562,500 and a latest sale price of $605,000 in 2024, this property offers a prime investment opportunity. The government valuation history and the recent sale history reflect a consistent and significant growth, making it an increasingly rare find in the market. The property is offered in an 'as is, where is' condition, inviting visionary buyers to unlock its full potential.
For families with school-aged children, the property falls within the zones of esteemed institutions such as Paparoa Street School and Heaton Normal Intermediate, both boasting high decile ratings. This, coupled with the surrounding amenities, reserve walks, and public transport, makes it an ideal choice for those seeking a balanced lifestyle in a prestigious educational enclave.
Updated on April 10, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 1 | 120m2 | Year 2025 Month 01 Day 30 | - | Council approved | |
 | 0.23 km | 6 | 3 | 293m2 | Year 2025 Month 01 Day 24 | - | Council approved | |
 | 0.10 km | 4 | 1 | -m2 | Year 2024 Month 12 Day 19 | - | Council approved | |
 | 0.09 km | 3 | 1 | 160m2 | Year 2024 Month 11 Day 19 | $689,000 | Council approved | |
 | 0.22 km | 2 | 1 | 100m2 | Year 2024 Month 09 Day 30 | - | Council approved |