This charming property located at 27 Doreen Street, Aranui, Christchurch, offers a unique opportunity for those looking to embark on a home improvement project. With three bedrooms, a sunroom leading to a deck, a combined kitchen and dining area, and a separate lounge, this residence has plenty of potential. The bathroom is equipped with a shower, bath, vanity unit, and toilet, complemented by a separate laundry. The property also features a double garage, additional off-street parking, and extra sheds for storage. Set on a fully fenced 686sqm section with TC2 land, this home is ideal for first-time buyers or investors. The exterior is constructed with fibrous cement walls and tile roofing, both in average condition, reflecting the building's age since 1950. The property is level and holds a Freehold ownership type.
From a financial perspective, the capital value of this property has seen a significant increase, from $275,000 in August 2019 to $430,000 in August 2022, marking a 56.36% growth. The HouGarden AVM estimates the property's value at $422,500. Historical sales data reveals that the property was last sold for $265,000 in March 2018, following a previous sale for $217,500 in March 2007. This property is marketed with a negotiable price over $429,000, highlighting its appeal as a worthwhile investment or project.
In terms of education, the property is situated in a desirable school zone, offering access to a range of schools including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School (decile 7), Haeata Community College (Year 9-15) with a decile rating of 1, Christchurch Adventist School (decile 5), Hagley Community College (Secondary Year 9-15) with a decile rating of 6, and Marian College (Secondary Year 9-15) with a decile rating of 8. This diverse selection of educational institutions caters to a wide range of academic and social needs, making it an ideal location for families.
Updated on March 21, 2024.