Nestled on a quiet cul-de-sac at 27 Wellington Street, Phillipstown, Christchurch, this charming freehold property exudes potential with its 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1920 with wood walls and an iron roof, the average-conditioned home sits on a level plot of 320sqm with a floor area of 91sqm. The updated kitchen leads to a light-filled living space, and the three double bedrooms are complemented by a modern family bathroom. Additional amenities include a heat pump, HRV system, solar panels, partially double glazed windows, a separate laundry, and a fully fenced section.
As for the property's financials, the capital value has seen a remarkable increase of 123.91% from $230,000 in 2019 to $515,000 in 2022. The HouGarden AVM estimates the property at $480,000, while the latest sales were recorded at $470,000 in 2021 and $290,000 in 2017. This growth highlights an excellent investment opportunity.
For families with children, the property falls within the catchment of several schools, including Middleton Grange School (Decile 9), Linwood Avenue School (Decile 2), Hillview Christian School (Decile 7), and more. These educational institutions cater to various age groups and offer diverse curricula, making this property an ideal choice for those considering schooling options.
Updated on July 09, 2024