1/24 Rhodes Street, Merivale, Christchurch

Nestled in the prestigious Merivale, this 3-bedroom, 1-bathroom home with a single carpark is a prime example of mid-century charm, built in 1950 with concrete walls and tiled roof, sitting on a level contour. The property, 1/24 Rhodes Street, is under a Cross-Lease ownership, and boasts a floor area of 66 square meters. The capital value has seen a remarkable increase of 52.27%, from $440,000 in August 2019 to $670,000 in August 2022. The latest sale records date back to 1999 at $157,500 and 1997 at $132,500, while the current HouGarden AVM estimates it at $612,500.

With a CV growth that outpaces the market, this property is not just a home but a sound investment. Its location in a quiet cul-de-sac, away from the hustle and bustle, yet within walking distance to Hagley Park and local amenities, makes it a highly sought-after address. The property falls within the zones of top-rated schools, including Elmwood Normal School, Heaton Normal Intermediate, Christchurch Boys' and Girls' High Schools, and Burnside High School, all known for their high decile ratings.

Enjoy the benefits of living in a neighborhood that values education and convenience, with a lifestyle that is second to none. Close to Merivale Mall, St George's Hospital, and with easy access to the central city, this home offers the best of both worlds.

Updated on December 10, 2024