Nestled at 4/94 Oxford Street, Lyttelton, Christchurch, this 2-bedroom, 1-bathroom unit with a single carpark is a gem in the residential market. Constructed in 1973 with concrete walls and tiled roof, both in good condition, this cross-lease property sits on a level contour, offering privacy and convenience. The capital value has seen a remarkable increase of 48.57% from $350,000 in August 2019 to $520,000 in August 2022. The property is valued at $525,000 according to the HouGarden AVM, with the latest sale recorded in 2007 at $255,000.
With a deadline brought forward to 2 pm on Thursday, September 19, 2024, this property presents a unique opportunity to secure a home with harbour views, a private garden, and a single garage at a competitive price point. Offers over $495,000 are welcomed, and potential buyers are encouraged to act swiftly. The property falls within the decile 9 Lyttelton Primary School and Middleton Grange School (Years 11-13), and is also close to other well-rated educational institutions.
Buyers will find this property particularly attractive due to its location within the highly sought-after school zones of Hillview Christian School (decile 7), Marian College (decile 8), Christchurch Adventist School (decile 5), and Te Aratai College (Year 7&8) with a decile rating of 3. This combination of quality education and a rapidly appreciating property makes it an ideal investment for families.
Updated on September 27, 2024