101 Marlow Road, Aranui, Christchurch

Nestled at 101 Marlow Road, Aranui, Christchurch, this inviting freehold property boasts a capital value increase of 61.29% over three years. Constructed in 1961 with concrete walls and tiled roof, the average-conditioned residence offers 3 bedrooms, a modern family bathroom, and 2 car parks. The 111sqm floor area is complemented by a spacious 738sqm land area, graced with large windows that let natural light flood in. The property, valued at $500,000 as per the latest government valuation, also features a heat pump and a cozy woodfire for year-round comfort. Its exterior is complete with a generous deck, a fully fenced section, and a large double garage.

With a HouGarden AVM of $480,000, the property's latest sale history includes transactions in 2018 for $138,000 and in 2006 for $228,500. The government's capital value increase from $310,000 in 2019 to the current $500,000 reflects a significant investment opportunity.

For families, the property falls within the decile 9 Middleton Grange School zone and is in close proximity to several other well-rated schools, including Hillview Christian School (decile 7), Hagley Community College (decile 6), and Marian College (decile 8), ensuring access to quality education.

Updated on October 15, 2024