Nestled in a tranquil garden sanctuary, only a brief 5-minute stroll from local amenities, this 5-bedroom, freehold property on 24 Thorrington Road, Cashmere, Christchurch, is a gem that combines space, privacy, and charm. Constructed in 1970 with a mix of materials for the walls and tiles for the roof, this dwelling sits on a levelled 835sqm of land, boasting a floor area of 310sqm and a 2-car park. The property's Capital Value (CV) has seen a remarkable increase of 107% from $270,000 in August 2019 to $560,000 in August 2022. The HouGarden AVM estimates it at $515,000, making it an attractive investment. Sold as a deceased estate, this home offers a unique opportunity to transform it into your dream abode.
With a CV growth rate that outpaces the market, this property also holds a history of solid sale records. The expansive living areas upstairs provide a treehouse-like ambiance, immersing you in nature, while the downstairs bedrooms, kitchenette, and living space open up to a lush garden, ideal for extended family or guests. The roof and walls are in average condition, and the property is being sold on an 'AS IS WHERE IS' basis.
For families with school-aged children, the property falls within the zones of several high-performing schools, including Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), and Cashmere High School (Decile 9), ensuring access to quality education.
Updated on December 13, 2024