Located at 44 Arnold Street, Sumner, Christchurch, this freehold property is a 1970's gem nestled in a fantastic location. The residence boasts 3 spacious bedrooms, a modernized bathroom with a brand new shower and an additional toilet, and a double garage complemented by off-street parking. The property spans a floor area of 170sqm (excluding garage) on a 645sqm land parcel. Its construction features concrete walls in good condition and a tiled roof also in good condition, reflecting its well-maintained status since its build in 1973. The property is level, enhancing its accessibility and appeal.
Over the years, the property has seen significant capital value appreciation, from $680,000 in August 2019 to $1,030,000 in August 2022, marking a 51.47% increase. The latest HouGarden AVM estimates its value at $1,015,000. The property last changed hands on April 2, 2009, for $433,000. An additional $10,850.00 will be transferred to the purchaser on settlement for uncompleted EQC & Insurance repairs, adding to the property's investment appeal.
The property is situated within excellent school zones, offering a wide range of educational opportunities. It is zoned for Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School, both composite with decile ratings of 7 and 5 respectively, Sumner School, a full primary with a perfect decile rating of 10, Hagley Community College and Marian College, secondary schools with decile ratings of 6 and 8 respectively, and Te Aratai College (Year 7&8) with a decile rating of 3. This diverse selection provides ample choice for families seeking quality education for their children.
Updated on April 02, 2024.