Nestled in the serene cul-de-sac of 1/79 Frankleigh Street, Somerfield, Christchurch, this Residential - Ownership home unit boasts 2 bedrooms, a single carpark, and a floor area of 117sqm. Constructed in 1985 with enduring brick walls and tiled roof, both in good condition, this cross-lease property sits on a level contour. The capital value has seen a rapid increase of 24.68% from $385,000 in 2019 to the current $480,000 as of 2022. The property's HouGarden AVM stands at $470,000, while the latest sale history includes $410,000 in 2017 and $250,000 in 2008.
For families with school-aged children, the property falls within the Cashmere High School zone, along with other well-rated institutions such as Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Middleton Grange School (Decile 9). This provides a range of educational options for various age groups.
With its convenient location, just 350m from the Barrington shopping Precinct, and a light and breezy conservatory area, this property offers both comfort and practicality. Whether you seek low-maintenance living or an affordable starter home, this property is an opportunity not to be missed.
Updated on August 05, 2024