Nestled in the tranquility of a quiet cul-de-sac at 16 Belmont Street, Avondale, Christchurch, this charming residential dwelling on a freehold title boasts 3 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1965 with concrete walls and an iron roof, both in good condition, the property sits on a level contour with a floor area of 107sqm and a land area of 625sqm. The latest valuation shows a significant increase, with a Capital Value (CV) of $530,000 as of August 2022, up from $350,000 in August 2019, indicating a growth rate of 51.43%. The property also presents a HouGarden AVM of $525,000, and a historical sale in 1996 for $145,000.
With a CV rise that outpaces the market average, this property is not just a home but a sound investment. The recent updates, including brand new flooring and lighting, a modern kitchen and bathroom, and a heat pump, make it a move-in ready haven. The spacious living zones and master bedroom bask in all-day sun, overlooked by a new kwila deck, perfect for outdoor relaxation or entertainment.
For families with school-aged children, the property falls within the catchment of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Chisnallwood Intermediate (Decile 5), and more. This well-presented home, with its convenient location and high standard of renovation, is an opportunity not to be missed.
Updated on November 04, 2024