72 Edinburgh Street, Spreydon, Christchurch

Nestled in a quiet cul-de-sac at 72 Edinburgh Street, Spreydon, Christchurch, this charming freehold property boasts 2 bedrooms, 1 bathroom, and 2 car parks. Constructed in 1920 with wood walls and an iron roof, both in average condition, the dwelling sits on a levelled 610sqm of land with a floor area of 102sqm. The property has seen extensive refurbishment and is ready for a new owner to either enjoy as is or add their personal touch. Notably, the capital value has surged by 41.3% from $460,000 in 2019 to $650,000 as of 2022, showcasing a promising investment opportunity. The HouGarden AVM estimates the property's worth at $622,500, closely matching the latest sale price of $622,000 in 2024, a significant increase from the $361,000 sale in 2012.

For families with school-aged children, the property falls within the zone of several reputable schools, including Villa Maria College (Decile 9) and St Thomas of Canterbury College (Decile 8), indicating a high standard of education available in the area.

Updated on October 09, 2024