2/50 Crofton Road, Harewood, Christchurch

Nestled in the serene Bishopdale, at 2/50 Crofton Road, lies this inviting townhouse with immense potential. Constructed in 1976 with concrete walls and tiled roof, the property stands firm with a good condition both inside and out. Offering 3 bedrooms, this home unit is perfect for a growing family. The property's capital value has seen a dramatic increase of 35.14% from $370,000 in 2019 to $500,000 as of 2022, showcasing a promising investment opportunity. The latest valuation from HouGarden AVM estimates the property at $485,000, while the last sale was recorded in 2003 at $249,000.

With a capital value growth that outpaces the market, this cross-lease property is a gem in the sought-after school zones. The area boasts top-rated schools such as Harewood School and Cotswold Matahae School, both at decile 8, and Breens Intermediate at decile 7. Other notable institutions include Christ the King School, St Patrick's School, and Villa Maria College, all indicating a high standard of education available within the community.

Not only is the property strategically located in a prime school network, but it also presents a lifestyle of convenience and comfort. The lock-and-leave ease, sunny deck, and well-kept garden make it an ideal choice for those seeking a balance between a vibrant community and a peaceful retreat. This is a home that invites potential and rewards those ready to embrace it.

Updated on July 25, 2024