51 Office Road, Merivale, Christchurch

Nestled at 51 Office Road, Merivale, Christchurch, this residential ownership home unit boasts 4 bedrooms and 2 carparks. Constructed in 1978 with concrete walls and tiled roof, the property presents an average condition both in walls and roof, and stands on a level contour. The spacious floor area of 190sqm is complemented by a modern living space with a gas fireplace that opens to a private courtyard, a separate kitchen, and dining area. The master bedroom is connected to a brand new bathroom with separate bath and shower facilities.

As for the property's financials, the capital value has seen a significant increase from $600,000 in August 2019 to $890,000 in August 2022, indicating a growth rate of 48.33%. The HouGarden AVM estimates the property's value at $882,500, while the latest sale was recorded at $930,000 in October 2024, showing a substantial appreciation since the previous sale of $517,500 in November 2011.

Educationally, the property falls within the catchment area of several high-performing schools. These include Burnside High School (Decile 8), Christ the King School (Decile 8), St Patrick's School (Decile 10), Heaton Normal Intermediate (Decile 9), Villa Maria College (Decile 9), Christchurch Boys' High School (Decile 10), Elmwood Normal School (Decile 10), Christchurch Girls' High School (Decile 9), St Thomas of Canterbury College (Decile 8), Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), Christchurch Adventist School (Decile 5), Hagley Community College (Decile 6), and Marian College (Decile 8), making it an ideal choice for families with school-going children.

Updated on November 13, 2024