Nestled in the serene environment of 50 Marlow Road, Aranui, Christchurch, this charming residential dwelling on a freehold section boasts 3 bedrooms, 3 carparks, and a spacious floor area of 118sqm. Constructed in 1950 with wood walls and tiled roofing, the property presents an average condition both inside and out, sitting on a levelled 903sqm section. The capital value has seen a significant increase, rising from $335,000 in 2019 to $540,000 as of 2022, indicating a growth rate of 61.19%. Adding to its allure, the house is equipped with a heat pump for year-round comfort and boasts a modern kitchen with a breakfast bar, perfect for family gatherings.
With a HouGarden AVM of $525,000, the property's latest sale history includes transactions in 2017 for $343,000 and in 2012 for $240,000. This home's value has been on a consistent upward trajectory. Its location in a quiet cul-de-sac street, surrounded by reserves and parks, only a stone's throw away from the Avondale Golf Club and the beaches of New Brighton, makes it an ideal choice for those seeking a balanced lifestyle.
For families with children, the property falls within the catchment area of several well-regarded schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), Haeata Community College (Decile 1), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8). This addresses both educational needs and the convenience of living in a family-oriented community.
Updated on July 18, 2024