Nestled in the serene Bayswater Crescent, this charming 2-bedroom, 1-bathroom unit with a single carpark is a gem for both first-time buyers and investors. Constructed in 1980 with concrete walls and tiled roof, this well-maintained cross-lease property offers a comfortable 70 square meters of floor area. The capital value has seen a remarkable increase of 63.27% from $245,000 in 2019 to $400,000 as of 2022. The property, located at 2/67 Bayswater Crescent, Bromley, Christchurch, is situated in a level contour and boasts a heat pump for climate control and gas hot water for convenience.
With a HouGarden AVM of $382,500 and a latest sale history of $290,000 in 2017, this property presents a lucrative opportunity. The government valuation growth reflects the area's desirability, making it an attractive prospect for buyers looking to climb the property ladder. The fully fenced backyard provides privacy and space to enjoy the sun.
For families with children, the property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Bromley School (Decile 3), among others. Centrally located, it's less than 15 minutes from the city center and close to amenities like Eastgate Mall and the vibrant Ferrymead business hub.
Updated on April 12, 2024
