1/437 Greers Road, Bishopdale, Christchurch

Embrace the opportunity to own a charming 3-bedroom bungalow at 1/437 Greers Road, Bishopdale, Christchurch. This freehold property, built in 1950 with roughcast walls and tiled roof, offers a comfortable family living space of 102sqm on a levelled 391sqm section. It boasts an average condition throughout, with a single carpark and the convenience of a cul-de-sac location. The property's Capital Value (CV) as of August 2022 is $530,000, while the HouGarden AVM estimates it at $515,000. Notably, the CV has seen a steady increase over the years, making it an attractive prospect for investors. The house presents a blend of retro charm and modern functionality, with a separate lounge and a kitchen that will delight any culinary enthusiast. Its location within a family-friendly neighborhood, with access to top-rated schools, parks, shopping, and public transport, adds to its appeal.

History shows a consistent rise in the property's value, with a recent sale reflecting a positive trend in capital growth. This, coupled with solid rental returns, positions the property as both a sound investment and a perfect starter home. The property's freehold title ensures long-term security and potential for further value appreciation. Whether you're a first-time buyer or a seasoned investor, this property's combination of prime location, growth potential, and comfortable living makes it a must-consider option.

For families with children, the school zone is a significant plus. The local schools have a high decile rating, ensuring quality education is within easy reach. This bungalow not only promises a warm and inviting home but also a promising future in a sought-after educational district.

Updated on July 31, 2024