68 Somerfield Street, Somerfield, Christchurch

Nestled in the serene Somerfield, Christchurch, at 68 Somerfield Street, stands a charming residential townhouse. This mid-80s standalone beauty boasts 2 spacious double bedrooms, a single carpark, and a floor area of 110 square meters. Constructed with durable brick walls and tiled roofing, the property is in a good condition both inside and out. It sits on a level contour and is under a Cross-Lease ownership type. The capital value has seen a rapid increase of 30%, from $370,000 in 2019 to the current $480,000 in 2022. The property's potential is further highlighted by the HouGarden AVM of $445,000 and the latest sale history, where it fetched $615,000 in 2024, a significant jump from the $120,000 sale in 2001.

For investors and families alike, the property's location within the school zones of highly-rated institutions such as Villa Maria College (decile 9) and Cashmere High School (decile 9) is a significant draw. Other schools in the area include St Thomas of Canterbury College (decile 8), Middleton Grange School, and Somerfield Te Kura Wairepo, all within walking distance. This is not just a home but an opportunity to be part of a thriving community with easy access to amenities and the nearby park.

With a north-facing living area that seamlessly transitions from the kitchen to the lounge and out to a private patio, this home is perfect for those who enjoy indoor-outdoor living. The sheltered BBQ spot is ideal for relaxing in the late afternoon sun. Meticulously maintained, it offers the chance to modernize and stamp your own style on a piece of property history. Whether as an investment or a place to call home, this property, from a deceased estate, awaits a lucky new owner to write its next chapter.

Updated on June 05, 2024