642 Springs Road, Prebbleton, Selwyn

Nestled on a quiet cul-de-sac in the thriving Prebbleton area, this charming 3-bedroom, 1-bathroom residence with a single carpark is a perfect blend of classic and modern living. Constructed in 1953 with wood walls and tiled roofing, this freehold property sits on a level 812m2 section. The home boasts an average-condition exterior, a warm and inviting open-plan living area with a log burner and heat pump, and a modern kitchen with an island bench. The property has seen a recent CV valuation of $700,000, unchanged from the previous quarter, yet the HouGarden AVM estimates it at $640,000. Notably, the property's CV has increased by 0.0% over the specified period. The latest sale history includes transactions in 2016 for $468,000 and in 2014 for $437,500, indicating a potential for growth. Educationally, the property falls within the zones of highly-rated schools such as Villa Maria College (Decile 9), Prebbleton School (Decile 10), and Lincoln High School (Decile 10), among others, making it an ideal family home.

With a keen eye on the market, the owner has significantly reduced the asking price by over $30,000, presenting a lucrative opportunity to secure this property before Christmas. The outdoor area features a new kwila deck for seamless entertainment and all-day sun exposure, while the large studio and standalone garage with a workbench cater to those seeking a home office or a private retreat. Additional features include an electric gate and off-street parking, enhancing both convenience and security.

For those looking to enter the Prebbleton market, this property offers an attractive entry point. Its location, coupled with the educational opportunities and the potential for capital growth, make it a compelling choice for both investors and families.

Updated on December 18, 2024