Nestled in a quiet cul-de-sac at 235 Grahams Road, Bishopdale, Christchurch, this freehold property built in 1964 boasts 3 bedrooms, 1 bathroom, and a single carpark. The 119sqm floor area is complemented by a spacious 701sqm land area. The solid family home, with good condition brick walls and iron roof, has weathered the earthquakes well. The current Capital Value (CV) of $690,000 represents a growth of 48.39% since 2019, while the HouGarden AVM estimates it at $660,000. The latest sale was recorded at $720,508 in 2024, a significant increase from the $415,000 sale in 2013.
With a CV on the rise and a history of solid returns, this property is a sound investment. It's located in a sought-after school zone, with Breens Intermediate at a decile 7, Burnside High School at decile 8, and other reputable schools nearby. The property's potential is undeniable, and with some tender love and care, it could be the perfect family home or a wise addition to your property portfolio.
For those looking to capitalize on a prime location with excellent school options, this property is a must-consider. The deadline sale is set for the 20th of March at 4pm, so act now if you're ready to make a move.
Updated on April 11, 2024
