Nestled in the serene Waltham neighborhood, this charming 2-bedroom, 1-bathroom unit with a single carpark is a gem on a cross-lease title. Constructed in 1968 with solid brick walls and an iron roof, it offers a cozy 70 square meters of floor area. The property has seen an impressive 82.08% increase in Capital Value from $235,000 in 2019 to $425,000 in 2022. The latest valuation from HouGarden AVM estimates it at $417,500. Historically, it sold for $155,500 in 2005, showcasing its growing investment potential.
With a heat pump, underfloor, and ceiling insulation, the unit is warm and inviting. The polished timber flooring and the converted studio-garage add a touch of character. This home is located in a prime school zone, with Middleton Grange School (Decile 9) and Marian College (Decile 8) among the highly-rated institutions in the area. It's also close to Waltham Park, shopping centers, cafes, and recreational amenities, making it an ideal choice for families and investors alike.
Education is a priority here, with a selection of schools catering to various age groups and needs, including Hillview Christian School (Decile 7), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), Te Aratai College (Decile 3), and Waltham School (Decile 3). This property is not just a home; it's an investment in your child's future.
Updated on August 19, 2024