82 Cheyenne Street, Sockburn, Christchurch

Located at 82 Cheyenne Street, Sockburn, Christchurch, this residential dwelling boasts 3 bedrooms, a floor area of 103m², and sits on a generous 622m² freehold land. Constructed in 1962 with brick walls and tile roofing, both in average condition, this property offers a level contour and a single carpark. It's an ideal first home or investment property, especially after its EQC repairs have been completed and signed off, allowing for immediate possession one week after auction.

Over the years, the property has seen a significant increase in capital value, from $380,000 in August 2018 to $520,000 in August 2021, marking a 36.84% growth. The latest sale on January 29, 2024, was at $702,000, up from $400,000 in November 2014. The HouGarden AVM estimates its value at $510,000, highlighting its potential as a lucrative investment.

The property is well-positioned within several school zones, including Avonhead School (decile 7), Villa Maria College (decile 9), Riccarton School (decile 3), St Thomas of Canterbury College (decile 8), Riccarton High School (decile 6), Middleton Grange School (Years 11 - 13) (decile 9), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6). This wide range of educational options makes it an attractive choice for families.