Nestled in the prestigious Merivale, this 3-bedroom, 4-bathroom property with 2 car parks presents an exquisite living experience. Constructed in 2000 with concrete walls and tiled roof, both in good condition, the Unit Title property at 50i Carlton Mill Road is a gem in the residential market. The capital value has seen a rapid increase of 19.07%, from $2,150,000 in 2019 to $2,560,000 as of 2022, while the HouGarden AVM estimates it at $2,665,000. The latest sale history includes a transaction at $2,585,000 in 2024 and $2,125,000 in 2015.
For families with school-aged children, the property falls within the catchment area of several high-performing schools, including Burnside High School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), Christchurch Boys' and Girls' High Schools (Deciles 10 and 9 respectively), Middleton Grange School, and more. This provides an excellent educational opportunity for your loved ones.
Occupying the top two levels of this riverside complex, the penthouse offers a 360-degree panorama and an alfresco lifestyle with spacious outdoor terraces. Enjoy the sophisticated interior, ensuited bedrooms, and a stunning kitchen equipped with high-end German appliances. With earthquake strengthening to 100% of new building standards, this property is not just a home but a secure investment for the future.
Updated on April 10, 2024
