Located at 1/82 Waratah Street, Avondale, Christchurch, this residential dwelling boasts two bedrooms, one bathroom, and a double internal garage with additional off-street parking for two more vehicles. Constructed in 1987 with brick walls and an iron roof, the property spans a floor area of 120 square meters on a level cross-lease land. The interior features a mix of conditions for both the walls and the roof, a generous size separate lounge, an open living area combining the kitchen and dining, near new carpet, and an HRV system. The property is well-positioned in a quiet, neighborly street, within walking distance to local schools, Avondale Golf Club, bus transport, and the Avon river, making it an ideal choice for families seeking a blend of comfort and convenience.
Over the years, the capital value of this property has seen a significant increase, from $210,000 in August 2019 to $325,000 in August 2022, marking a 54.76% growth. The latest sale on February 20, 2024, recorded a price of $509,000, demonstrating the property's strong market appeal. The HouGarden AVM estimates the property's value at $315,000, reflecting its potential in the current market. The property comes with a structural assessment and repair methodology report, indicating that while it requires repairs, it presents a valuable opportunity for buyers looking to invest in a repairable and potentially lucrative property.
The property falls within the zones of several reputable schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School both with a decile of 5, Chisnallwood Intermediate with a decile of 5, Haeata Community College (Year 9-15) with a decile of 1, Hagley Community College (Secondary Year 9-15) with a decile of 6, and Marian College (Secondary Year 9-15) with a decile of 8. This wide range of educational options provides excellent opportunities for families with children of different ages and educational needs.
Updated on April 04, 2024.