343 Eastern Terrace, Sydenham, Christchurch

Nestled in the picturesque locale of Sydenham, Christchurch, this charming family residence at 343 Eastern Terrace boasts a freehold title on a 703sqm section with a serene river outlook. The 1960-built home features 3 bedrooms, 2 carparks, and a generous floor area of 156sqm. The Iron roof and Concrete walls are in average condition, complemented by extensive insulation and two heat pumps for year-round comfort. Notably, the property's Capital Value has surged by 52.1% from $620,000 in 2019 to $940,000 as of 2022, showcasing a rapid increase in value. The latest sale was recorded at $385,000 in 2021, with a HouGarden AVM estimate of $872,500, indicating a sound investment opportunity.

Educationally, the property falls within the highly sought-after zones of Cashmere High School, Beckenham School, and Hillview Christian School, all of which are rated highly in their respective deciles, ensuring top-notch education for the family. The location is not only convenient to amenities and services but also offers proximity to the CBD and the scenic Port Hills walking and biking trails.

With its mid-century charm, this property presents an ideal blend of comfort, convenience, and growth potential in a desirable school zone.

Updated on July 16, 2024