38b Avonhead Road, Avonhead, Christchurch

Embrace the opportunity to own a remarkable property at 38B Avonhead Road, a freehold residence set in a prime location. Constructed in 1965 with solid brick walls and an iron roof, this 5-bedroom, 2-bathroom home spans 160 square meters on a level 1029 square meter section. It includes a 2-car garage, and the well-maintained walls and roof promise durability and peace of mind. The capital value has seen a substantial increase of 48.15% from $540,000 in 2019 to $800,000 as of 2022, with a HouGarden AVM estimate of $805,000. Notably, the property last sold for $610,000 in 2014 and $435,000 in 2009, showcasing its growing value.

For families with school-aged children, the property falls within the zones of highly regarded schools such as Avonhead School (Decile 7), St. Patrick's School (Bryndwr, Decile 10), and Villa Maria College (Decile 9), among others. This provides an array of educational options for different age groups.

With its spacious layout, contemporary amenities, and convenient location near educational institutions and amenities, this property is an ideal investment for nesting or as a rental opportunity, currently tenanted until Dec 2025.

Updated on September 30, 2024