Nestled in the heart of Bromley, Christchurch, the property at 3/22 Wickham Street boasts a prime location within a secure complex. This freehold unit, built in 2000 with concrete walls and an iron roof in good condition, offers 123sqm of floor area and 172sqm of land area. It includes two car parks and a 126sqm warehouse with a 35sqm mezzanine, perfect for owner occupiers or investors. Notably, the property's capital value has seen a rapid increase of 28.2% from $195,000 in 2019 to $250,000 as of 2022. The latest sale in the area was for $319,000 in June 2024.
For valuation, the property's HouGarden AVM stands at $230,000. The government's assessment history reflects a consistent rise in value, making this a sound investment. The property is situated in a desirable school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) being the highlights, catering to a range of educational needs.
In terms of education, the property falls within the catchment area of several well-regarded schools, including Hillview Christian School (Decile 7), Bromley School (Decile 3), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Te Aratai College (Year 7&8, Decile 3), ensuring access to quality education for all ages.
Updated on July 11, 2024
