21 Forbes Street, Sydenham, Christchurch

Nestled in the heart of Sydenham, this meticulously renovated three-bedroom bungalow on 21 Forbes Street, Christchurch, boasts an impressive Freehold title. Constructed in 1900 with roughcast walls and an iron roof, both in average condition, the property sits on a level contour with a floor area of 88 square meters and a land area of 525 square meters. The modernized kitchen, equipped with high-quality finishes and appliances, is a chef's delight. The separate lounge features a log burner for cozy evenings, complemented by a ducted heat pump for year-round comfort. The updated bathroom includes a tiled shower and vanity, with a discreetly placed laundry. Modern living amenities such as aluminum windows, underfloor heating, gas hot water, and insulation further enhance the property. It also enjoys a standalone double garage, carport, storage shed, and off-street parking, all within a fully fenced compound that ensures privacy and security, with private access to Bradford Park.

With a Capital Value (CV) of $620,000 as of August 2022, the property has shown a remarkable increase of 51.22% since August 2019, valued at $410,000. The HouGarden AVM estimates the property at $612,500, while the latest sale history includes $421,000 in 2014 and $275,000 in 2009. This property is not only an ideal investment but also falls within the highly sought-after school zones of Cashmere High School (Decile 9), Christchurch South Intermediate, and Somerfield Primary, making it a perfect choice for families.

Located in a prime educational zone, the area is home to several esteemed institutions such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School, and more. This property is a gem for those seeking a solid foundation in the property market, with potential for further development in the RMD zone.

Updated on November 28, 2024