Nestled in the serene Russley neighborhood at 8 Cutts Road, this residential dwelling is a charming 2-bedroom property with a floor area of 104 square meters, sitting on a spacious 607 square meter section. Constructed in 1970 with concrete walls and an iron roof, both in good condition, this freehold property offers a level contour and a peaceful environment. It features 2 car parks and is located in a quiet cul-de-sac, ensuring privacy and tranquility.
With a government valuation (CV) of $670,000 as of August 2022, this property has shown a remarkable increase of 54.02% from its $435,000 CV in August 2019. The HouGarden AVM estimates the property's value at $665,000, while the latest sale records from September 2024 indicate a transaction of $620,000, a significant leap from the $164,500 sale in 1996.
For families with school-aged children, the property falls within the zones of several reputable schools. Russley School, a full primary with a decile rating of 7, is nearby. Secondary options include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Riccarton High School (decile 6). Additionally, Middleton Grange School (Years 11-13, decile 9) and Christchurch Adventist School (decile 5) offer composite education, while Hagley Community College provides secondary education (Year 9-15, decile 6).
Updated on November 20, 2024