49 Leitch Street, Somerfield, Christchurch

Nestled in the serene cul-de-sac of Leitch Street, this charming 1950s family home on a freehold title boasts 3 generous bedrooms, a renovated bathroom, and a spacious kitchen-living area. The property, with a floor area of 136sqm and a land area of 784sqm, is complemented by iron roofing and concrete walls in good to fair condition. The capital value has seen a 50% increase from $440,000 in 2019 to the current $660,000, reflecting the rapid growth in this desirable location. The property is estimated at $612,500 by HouGarden AVM, offering potential for further investment.

With a CV increase of 0.5 over the past three years, and a history of solid sales, this property presents a golden opportunity. It's located in the catchment area of highly regarded schools such as Villa Maria College (decile 9) and St Thomas of Canterbury College (decile 8), among others, making it an ideal choice for families.

Situated in the heart of Somerfield, Christchurch, the property is mere minutes away from the city center and is close to amenities like Adventure Park, Rapaki track, and a variety of dining and shopping options. Whether you choose to renovate, land bank, or subdivide, 49 Leitch Street is a rare find that promises endless possibilities.

Updated on May 15, 2024