1/50 Croydon Street, Sydenham, Christchurch

Nestled in the heart of Sydenham, Christchurch, this charming 2-bedroom, 1-bathroom residence with a single carpark is a perfect blend of convenience and comfort. Constructed in 1980 with iron roofing and fibrous cement walls in good condition, this cross-lease property offers a floor area of approximately 70m2. The property has seen a significant Capital Value (CV) increase from $310,000 in August 2019 to $455,000 in August 2022, showcasing a growth rate of 46.77%. The home is situated on a level contour, in a quiet cul-de-sac, mere steps away from the city fringe, Beckenham Hub, and local amenities.

With a current HouGarden AVM valuation matching the CV at $455,000, the property presents a solid investment opportunity. Notably, the latest sale history dates back to 1999 at $122,500, indicating the potential for significant appreciation. This abode is in the zone for several high-performing schools, including Villa Maria College (Decile 9) and Cashmere High School (Decile 9), making it an ideal choice for families.

For those seeking an education-focused property, this home is in a prime school zone. It is served by a range of schools, from primary to secondary, with high decile ratings. The property's private, sunny backyard is perfect for children and pets, while the large living area opening to a deck and original kitchen with a view of the garden contribute to a warm, inviting atmosphere.

Updated on September 20, 2024