2/5 Esher Place, Saint Martins, Christchurch

Located at 2/5 Esher Place, Saint Martins, Christchurch, this residential property is a gem for those starting out or downsizing. It features 2 bedrooms, 1 bathroom, and no carpark, with a generous floor area of 110m2 on a level cross-lease land. The property, built in 1974, boasts concrete walls in good condition and a tiled roof also in good condition. Its recent upgrades include updated wiring, insulation, carpet, and replacements of the roof, bathroom, and kitchen within the last decade, making it an appealing choice.

From a financial perspective, the capital value has seen a significant increase from $405,000 in August 2019 to $570,000 in August 2022, marking a 40.74% growth. The HouGarden AVM estimates its value at $557,500. Its sale history shows a purchase for $412,000 in March 2019 and $276,000 in May 2012. This property's value has consistently appreciated, reflecting its desirability and the quality of its upkeep.

The property is situated in a prime school zone, offering access to high-decile schools such as Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Cashmere High School, Hillview Christian School, Christchurch Adventist School, Hagley Community College, and Opawa School. This makes it an ideal home for families prioritizing education. The serene cul-de-sac location with a peaceful river outlook, proximity to local amenities, and the quality of schools nearby enhance its appeal as a sanctuary for homeowners.

Updated on March 22, 2024.