Nestled on a generous 680sqm of established land in the coveted Mairehau neighborhood of Christchurch, this charming 1950's dwelling at 409 Innes Road is a rare find. The freehold property boasts 2 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 78sqm. Constructed with durable brick walls and tiled roofing, this home offers a solid foundation for potential renovations. The current government valuation (CV) stands at $560,000, a significant increase of 51.36% from $370,000 in 2019, showcasing a rapid capital value growth. The property's latest sale was recorded at $460,000 in March 2024, closely aligning with the HouGarden AVM of $535,000.
For families with school-aged children, the property falls within a highly rated school zone. Notable institutions include Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Marian College (Decile 8), among others. This quiet cul-de-sac street is not only convenient for education but also for daily living, being just across the road from Innes Road shops and within walking distance to public transport.
With its prime location, potential for value addition, and a supportive community, this property is an ideal choice for investors, renovators, or first-time homebuyers. Don't miss the opportunity to transform this delightful cottage into your dream home.
Updated on April 11, 2024