Nestled on a level 480 sqm of land in the heart of Sydenham, Christchurch, this 1915-built property with a roughcast exterior and iron roof offers a versatile living solution. Configured as a five-bedroom home converted into two flats, it boasts a floor area of 150 sqm and comes with a freehold title, along with 2 car parks. The property has been fair in condition both in walls and roof, making it an ideal investment opportunity.
With a latest sale price of $504,000 in 2024 and a HouGarden AVM of $495,000, this property has shown a significant CV increase of 75.44% from $285,000 in 2019 to the current $500,000. This not only reflects the rising value of the property but also presents a promising investment return.
For families with children, the property falls within the catchment area of several well-regarded schools. Middleton Grange School (Decile 9) caters to Years 11-13, while Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Marian College (Decile 8), Te Aratai College (Decile 3 for Year 7&8), and Waltham School (Decile 3) provide education for various age groups.
Updated on November 27, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 2 | 1 | -m2 | Year 2024 Month 11 Day 01 | $672,000 | Council approved | |
 | 0.13 km | 2 | 1 | 81m2 | Year 2024 Month 10 Day 14 | $440,000 | Council approved | |
 | 0.11 km | 2 | 1 | 57m2 | Year 2024 Month 10 Day 14 | $440,000 | Council approved | |
 | 0.23 km | 2 | 1 | 80m2 | Year 2024 Month 10 Day 10 | $573,000 | Council approved | |
 | 0.21 km | 3 | 1 | 87m2 | Year 2024 Month 08 Day 08 | $470,000 | Council approved |