Nestled in the serene Hanmer Street, this charming and renovated character cottage on a Freehold title presents an ideal blend of convenience and comfort. The property boasts 3 bedrooms, 1 bathroom, a single carpark, a floor area of 106 sqm, and is spread across a level 455 sqm land. Constructed in 1900 with fair condition wood walls and iron roof, it enjoys a heat pump for climate control. The capital value has seen a remarkable increase from $370,000 in 2019 to $560,000 in 2022, reflecting a growth rate of 51.36%. The latest sale was recorded at $690,000 in June 2024, showcasing a vibrant property market.
With a HouGarden AVM of $542,500, this property is not just a home but a sound investment. The government valuations and sales history indicate a strong and consistent capital value growth. The property's location in the Christchurch East School and Te Aratai College zones adds to its appeal, with a range of school options catering to diverse educational needs, including Middleton Grange School, Hillview Christian School, and more, all within deciles 3-9.
Set in a quiet cul-de-sac, the residence is mere steps away from the city's edge, offering a lifestyle that combines tranquility with easy access to amenities. The open-plan living area, timber floors, and large glazed doors opening to a deck and mature trees create an inviting space for family and friends. This is a home that promises convenience, comfort, and a community that values education.
Updated on July 17, 2024