Welcome to 34 Lenton Street, a pristine 3-bedroom, 1-bathroom residence set in the tranquil cul-de-sac of Aranui, Christchurch. This comfortable and stylish home, built in 1990 with iron roofing and plastic exterior walls in good condition, offers practicality and space on its 400sqm freehold section. The property's Capital Value (CV) has seen a remarkable increase from $330,000 in 2019 to $510,000 in 2022, reflecting a growth of 54.5%. The residence features a modern kitchen, freshly painted interiors, and new flooring, along with a renovated bathroom in 2022.
With a HouGarden AVM of $500,000 and a latest sale price of $518,000 in 2024, this property presents a solid investment opportunity, potentially yielding up to $570 per week in rental income. The property falls within a desirable school zone, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and others, making it an ideal family home.
Located close to New Brighton Beach and local amenities, this property is perfect for those seeking a prime first home or an attractive investment. The combination of a well-maintained home, a growing CV, and a sought-after school network makes this a unique chance not to be missed.
Updated on August 14, 2024