2/33 Northfield Road, Casebrook, Christchurch

Nestled in the tranquil and sought-after suburb of Casebrook, this charming residence offers a lifestyle of convenience and comfort. Constructed in 1976 with concrete walls and an iron roof, both in good condition, the 120sqm floor area is divided into 3 bedrooms, 2 bathrooms, and a spacious open-plan living area heated by a log burner and a heat pump. The property is part of a Cross-Lease ownership and features a sun-drenched balcony, a fully fenced yard, and a double carport. The current Capital Value (CV) of $510,000 represents a significant increase of 47.8% from the 2019 valuation of $345,000. The property's latest sale history includes a transaction in 2019 for $330,000 and another in 2015 for $365,000, while the HouGarden AVM estimates the property's worth at $505,000.

For families, the property falls within a desirable school zone. Bishopdale School, Christ the King School, and Villa Maria College are among the top-rated institutions in the area, with deciles ranging from 3 to 9. Other educational facilities in the vicinity include Middleton Grange School, Emmanuel Christian School, and Casebrook Intermediate, ensuring a range of options for all ages.

This property presents a golden opportunity for first-home buyers or investors looking to capitalize on a rapidly appreciating asset in a prime location.

Updated on November 08, 2024