2/47 Dunn Street, Somerfield, Christchurch

Nestled in the desirable Somerfield area, this well-appointed 2-bedroom, 1-bathroom unit with a single carpark presents an ideal opportunity for first home buyers or those seeking a low-maintenance lifestyle. Constructed in 1967 with concrete walls and an iron roof, both in good condition, the property sits on a level contour and is governed by a cross-lease title. The interior boasts an open-plan living space, drenched in natural light, alongside a practical kitchen that seamlessly connects to the living area. The bedrooms are spacious, featuring built-in wardrobes, with the master bedroom granting access to a sunlit conservatory. Outside, the established gardens offer privacy and tranquility with minimal upkeep.

With a capital value of $455,000 as of August 2022, this property has shown a significant increase of 35.82% since August 2019. The HouGarden AVM estimates the property's value at $450,000, while the latest sale on October 2, 2024, was for $477,000, demonstrating the property's consistent growth in value.

For families, the property falls within the zones of several high-performing schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8). Other schools in the area include Middleton Grange School, Christchurch South Karamata Intermediate, and Cashmere High School, all of which are highly rated. This charming unit is not just a home but an investment in a sought-after educational zone.

Updated on November 20, 2024