Nestled in the heart of Sydenham, Christchurch, this 2-bedroom, 1-bathroom home with a single carpark boasts a capital value of $430,000 as of August 2022, showcasing a remarkable CV increase of 53.57% since August 2019. Constructed in 1976 with concrete walls and tiled roof, both in good condition, this cross-lease property sits on a level contour. The latest sale history includes a price of $293,500 in August 2019, following $195,000 in May 2016, with the HouGarden AVM estimating the property's worth at $402,500.
With a floor area of 70m2, the property features a spacious kitchen with modern appliances, opening to a landscaped private patio, a sunny open-plan living/dining area with a heat pump, two bedrooms with wardrobes, a study, and a bathroom with a shower, bath, vanity, and toilet. It's an ideal location for young couples, within the Cashmere High School zone, and close to the CBD and The Beckenham Hub.
Educationally, the property falls within the decile 9 Villa Maria College, decile 8 St Thomas of Canterbury College, and other well-rated school zones, ensuring quality education for residents. This property not only offers a comfortable living environment but also presents a promising investment opportunity.
Updated on June 26, 2024