Nestled in a serene cul-de-sac at 3/16 Lane Street, Woolston, Christchurch, this 1974-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with robust concrete walls and an Iron roof, this Cross-Lease property is a perfect blend of durability and low maintenance. The government's capital value has seen a significant increase from $215,000 in 2019 to $365,000 in 2022, reflecting a growth of 69.77%. The property's contour is level, and both the walls and roof are in good condition, ensuring long-term value. The latest HouGarden AVM estimates the property at $335,000, while the last sale was recorded in 2018 at $157,600.
For families with children, the property falls within the catchment area of several esteemed schools. Middleton Grange School rates a high decile 9, Hillview Christian School stands at decile 7, while Ngutuawa School, Christchurch Adventist School, Hagley Community College, Marian College, and Te Aratai College offer diverse educational options with varying deciles. This makes the property an attractive prospect for those valuing education.
Boasting a cozy floor area of 70 square meters, this unit is an ideal investment for first-time buyers or astute investors. Its convenient location, near Woolston Village and the Tannery, provides easy access to shops, cafes, and a supermarket, enhancing the overall lifestyle. With the scenic Port Hills nearby, outdoor enthusiasts can enjoy hiking trails and riverside walks. This property is not just a home; it's an opportunity to be part of a vibrant community.
Updated on December 06, 2024