17a Te Maru Place, Redwood, Christchurch

Nestled in the coveted Redwood neighborhood, this charming colonial home at 17a Te Maru Place offers a warm and inviting ambiance. Constructed in 1980 with a solid fibrous cement exterior and iron roof in good condition, it stands on a level contour. The cross-lease property features 4 double bedrooms, a spacious bathroom, open-plan living, and a separate toilet and laundry. It is heated by two heat pumps, a free-standing wood burner, and a heat transfer system for all-season comfort. The property also boasts a large sun-drenched deck, a standalone double garage, and is set amidst established, fenced grounds. With a current Capital Value (CV) of $600,000, it has seen a growth of 48.15% since 2019. The HouGarden AVM estimates it at $602,500, and the latest sale was for $627,500 in 2022. The property is in the zone for excellent schools such as Christ the King, Casebrook Intermediate, and Papanui High, adding immense value to this investment opportunity.

CV history shows a significant increase, reflecting the property's rising value, while the latest sale price underscores its desirability. The AVM estimate further confirms the property's worth in the current market.

For families with school-aged children, the property falls within the catchment area of several high-performing schools, including Christ the King School (Decile 8), Villa Maria College (Decile 9), and Middleton Grange School (Decile 9), among others. This combination of location, comfort, and investment potential makes it an ideal choice for first-home buyers, families, and investors.

Updated on September 25, 2024