12 Karnak Crescent, Russley, Christchurch

Nestled in the serene Karnak Crescent of Russley, Christchurch, this 3-bedroom home exudes potential with its convenient layout and family-friendly locale. Constructed in 1970 with a mix of materials for the walls and tiles for the roof, the property stands on a level contour with good wall and roof conditions. It boasts an open-plan living area, modern kitchen, a heat pump for climate control, and a separate laundry, all on a floor area of 120 square meters. The home is under a Cross-Lease ownership, comes with a single carpark, and features a fully fenced backyard for added privacy and security.

With a Capital Value (CV) of $570,000 as of August 2022, this property has seen a remarkable increase of 46.15% from its $390,000 CV in August 2019. The HouGarden AVM estimates the property's value at $552,500, while the latest sale records from 2013 and 2004 indicate a growing investment potential. This home is not just a shelter but a wise investment choice in a neighborhood where properties are appreciating in value.

For families with children, the property falls within the zones of several reputable schools. Russley School, a Full Primary, is rated at a decile of 7. Surrounding secondary options include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School for Years 11-13 (decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This address offers an excellent blend of education, convenience, and community living.

Updated on July 19, 2024