5 Emerald Lane, Cashmere, Christchurch

This stunning freehold property at 5 Emerald Lane, Cashmere, Christchurch, boasts 4 spacious bedrooms, 2 carparks, and a floor area of 335sqm on a land area of 605sqm. Constructed in 2009 with mixed materials for the walls and iron for the roof, both are in good condition. The property enjoys an easy/moderate rise contour, double glazed windows for warmth and energy efficiency, and is set in a quiet cul-de-sac. The capital value has seen a remarkable increase of 47.37% from $760,000 in August 2019 to $1,120,000 in August 2022, with a HouGarden AVM of $1,092,500. The latest sale was for $775,000 in 2019 and $645,000 in 2009.

For families, the property is zoned for top-rated schools such as Cashmere High School, Villa Maria College, and Thorrington School, all with deciles of 9 or 10. The location provides easy access to a variety of educational institutions, ensuring a quality education for children of all ages.

Not only is this property an ideal family home, but it also presents a sound investment opportunity given the CV growth and desirable school zones. The open-plan kitchen and dining, outdoor living spaces, and ample storage further enhance the appeal of this property, making it a must-see for those looking to expand their outlook on life.

Updated on July 18, 2024