11 Carol Place, Halswell, Christchurch

Nestled in the serene Carol Place of Halswell, Christchurch, this residential dwelling on a freehold site of 607m² boasts a promising investment opportunity. The 3-bedroom, 1-carpark home with a floor area of 110m² is complemented by concrete walls and a tiled roof, both in average condition, constructed in 1970. The property, valued at $650,000 as per the latest government valuation, has seen a remarkable CV increase of 46.07% since 2019. Currently tenanted until September with a weekly return of $650, it presents an attractive prospect for investors. The latest sale was recorded at $690,000 in 2021, a significant leap from the $161,500 sale in 1998. HouGarden AVM estimates the property's worth at $602,500. A heat pump ensures comfort, while the in-ground pool and detached garage add to the property's allure. Within the vicinity of top-rated schools such as Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), this home offers a prime location for families.

Updated on July 05, 2024