Nestled in the serene environment of 23 Patrick Street, Mairehau, Christchurch, this charming residential property offers a promising investment opportunity. Constructed in 1952 with concrete walls and tiled roofing, the freehold dwelling sits on a level plot with a floor area of 108 square meters and a land area of 622 square meters. It boasts 2 bedrooms, a single car park, and a layout that includes a spacious lounge facing west, which seamlessly transitions into a neat open-plan kitchen and dining area. Outside, French doors lead to a garden that invites creative landscaping and potential extensions.
As for financials, the property's Capital Value (CV) has seen a significant increase from $395,000 in 2019 to $590,000 in 2022, reflecting a growth rate of 49.37%. The HouGarden AVM estimates the property's value at $562,500, while the latest sale records from 2024 indicate a transaction price of $542,000, following an earlier sale in 2020 at $416,500.
For families with children, the property falls within a desirable school zone. It is close to several well-regarded institutions such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Marian College (Decile 8), among others. This home not only promises a comfortable living environment but also a sound investment with excellent educational amenities nearby.
Updated on April 11, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
0.26 km | 3 | 134m2 | 2024 12 16 | $650,000 | Council approved | |||
 | 0.29 km | 3 | 150m2 | 2024 11 14 | $586,000 | Council approved | ||
 | 0.22 km | 2 | 1 | -m2 | 2024 10 10 | $540,000 | Council approved | |
0.24 km | 3 | 119m2 | 2024 10 08 | $660,000 | Council approved | |||
 | 0.26 km | 3 | 1 | -m2 | 2024 08 09 | - | Council approved |