18b Highsted Road, Bishopdale, Christchurch

Nestled at 18b Highsted Road, Bishopdale, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1967 with concrete walls and tiled roof, the property sits on a level contour with an average wall and roof condition. The 80sqm floor area is complemented by a spacious private yard, a near new roof, and a single garage with a driveway. The property, with a current Capital Value (CV) of $510,000, has seen a 50% increase from its $340,000 valuation in 2019, reflecting a promising investment opportunity. This cross-lease property is not only a perfect starter or downsizing option but also a gem in a desirable location, with easy access to amenities and a quiet lifestyle in a cul-de-sac.

With a HouGarden AVM of $475,000 and a latest sale record of $116,000 in 1999, this property presents a significant growth potential. It's a chance to add value to your purchase in a sought-after area. The property's appeal is further enhanced by its proximity to a range of schools, including contributing, intermediate, full primary, and secondary institutions, with decile ratings ranging from 3 to 10, ensuring quality education options for families.

For families with school-age children, the property falls within the zones of Cotswold Matahae School (Decile 8), Bishopdale School (Decile 3), and several other well-regarded institutions. This combination of comfort, convenience, and quality education makes it an attractive prospect for buyers looking for a complete package.

Updated on June 18, 2024