12 Briggs Road, Mairehau, Christchurch

Nestled in the serene Briggs Road of Mairehau, Christchurch, this charming freehold property boasts a generous land area of 607 square meters. Constructed in 1952 with wood walls and tiled roofing, it offers 94 square meters of floor space, housing 3 bedrooms, 1 bathroom, and a single carpark. The home has undergone thoughtful upgrades, including a modern kitchen, renovated bathroom, and the installation of two heat pumps for year-round comfort. Notably, the Capital Value (CV) has seen a staggering increase of 81.5% from $325,000 in 2019 to $590,000 as of 2022, showcasing immense growth potential. The property's latest sale history includes transactions in 2009 for $238,000 and in 2005 for $215,000, further highlighting its appreciating value. According to HouGarden AVM, the property is currently valued at $592,500.

For families with children, the property falls within a highly sought-after school zone. It is in close proximity to Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Mairehau High School (Decile 4), among others, ensuring access to quality education. The convenient location, coupled with the property's modern amenities and spacious outdoor area, makes it an ideal choice for first-time buyers, investors, or those looking to downsize.

With a prime address in a quiet cul-de-sac, this property presents a unique opportunity to enjoy the tranquility of suburban living while being mere minutes away from the city center's amenities and the recreational spaces of Walter's Park.

Updated on September 10, 2024