Nestled in the serene Bishopdale, this 2-bedroom home on a cross-lease title boasts a capital value growth of 36.84% over three years. Constructed in 1970 with concrete walls and tiled roof, the property presents a well-maintained facade and a roof in good condition. Spacious at 138m², it includes a carpark and is situated at 1 Gardiners Road, Christchurch. The property is equipped with a new heat pump and carpeting, a renovated bathroom, and a modern kitchen featuring Bosch appliances. With double-glazed uPVC windows and new insulation, energy efficiency is a highlight. The latest sale was for $420,000 in 2021, while the current HouGarden AVM estimates it at $515,000. Educationally, the property falls within the decile 8 Harewood School and Cotswold Matahae School zones, among others, making it an attractive option for families.
Government valuations have shown a significant increase from $380,000 in 2019 to the current $520,000, reflecting a robust investment opportunity. The property’s convenient location near Bishopdale Mall and its array of amenities further enhance its appeal.
For families with school-aged children, the property is zoned for several high-performing schools, including St Patrick’s School (decile 10) and Villa Maria College (decile 9). This combination of location, quality, and value makes it an ideal choice for both first-time buyers and those looking to downsize.
Updated on November 04, 2024