Nestled at 4 Foster Terrace, Lyttelton, Christchurch, this charming residential dwelling boasts 3 bedrooms, 2 bathrooms, and a single carpark. Constructed in 1950 with wood walls and an iron roof, both in good condition, this freehold property sits on a steep rise with a floor area of 109sqm and a land area of 645sqm. The property’s government valuation has seen a significant increase from $580,000 in 2019 to $850,000 in 2022, reflecting a growth of 47%. The HouGarden AVM estimates the property at $790,000, while the latest sales were recorded at $585,000 in 2017 and $465,000 in 2008.
With a CV increase that outpaces the market, this home is not just an investment but a statement of taste and practicality. The view of the active harbour from the open-plan living and dining areas is a daily reminder of Lyttelton’s unique charm. Two decks offer spaces for entertainment or quiet evenings, and the upstairs bedrooms provide access to the harbour views. The design touch of Anna Margaret Interiors is evident in the main bathroom, while the downstairs setup is ideal for teenagers or potential rental income.
For families with school-aged children, the property falls within the decile 9 Lyttelton Primary School and Middleton Grange School, as well as other well-regarded institutions. This home is not just a haven but an investment in your future, located in a quiet cul-de-sac that fosters community and creativity.
Updated on May 03, 2024