Nestled in the heart of the esteemed Fendalton suburb at 1/146 Straven Road, this residential vacant property boasts a Freehold title on a level 450sqm section. The 4-bedroom, 3-bathroom concept home is designed for contemporary elegance with modern conveniences, including a gourmet kitchen with a butler's pantry and Gaggenau appliances, a wine cellar, and a formal media room. The property is situated in a quiet cul-de-sac, with a ground floor dedicated to living and entertainment, featuring high ceilings of 2.55m and an open plan living area that maximizes daylight. The upstairs Master bedroom and two additional double bedrooms provide a serene retreat. As for the property's financials, the Capital Value (CV) stands at $960,000, with HouGarden AVM valuing it at $935,000, showcasing a promising growth trend.
Historically, the property has shown a steady increase in CV, with a notable percentage rise in recent years. The latest sale records indicate a strong market interest in the area, further solidifying the investment potential of this premium location. The property's value has been carefully appraised, taking into account the surrounding sales and the government's valuation.
For families with educational considerations, this property falls within the zones of Fendalton Open Air School, Christchurch Boys' and Girls' High Schools, and is in close proximity to the University of Canterbury, ensuring access to some of the best educational institutions in the region. It's a location that's not only convenient for education but also for lifestyle, with easy access to shopping centers like Westfield and Fendalton Mall, and the scenic Mona Vale and Hagley Park nearby.
Updated on August 28, 2024