Nestled in the serene cul-de-sac of 1/54 Aorangi Road, Bryndwr, Christchurch, this 1986-built residential dwelling on a cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. The 120sqm floor area is complemented by a solid concrete exterior and an iron roof, both in good condition. The property, valued at $600,000 as per the latest government valuation, has seen a remarkable CV increase of 46.34% since 2019, reflecting its growing capital value.
With a HouGarden AVM of $547,500, the latest sale history includes transactions in 2016 and 2014 at $414,000 and $405,000 respectively. This stands as a testament to the investment potential of this property. Located in a prime school zone, it includes decile 8 Burnside High School, decile 8 Cobham Intermediate, and decile 10 St Patrick's School, among others, offering an array of esteemed educational institutions for all ages.
Whether you're a first-time buyer or an investor, this property presents an opportunity to enter a sought-after school district with excellent growth prospects. The convenient proximity to local amenities, Jellie Park, and easy access to the CBD and International Airport further enhance the appeal of this property, making it a must-consider for those seeking a sound investment in a thriving community.
Updated on December 17, 2024