Nestled in the heart of Sydenham, Christchurch, this delightful 2-bedroom, 1-bathroom unit with a single carpark is a gem for both first-time buyers and investors. Constructed in 1975 with concrete walls and tiled roof, this cross-lease property is in a good condition both inside and out. The current owners have injected modernity with new flooring, double glazing, and a fresh coat of paint, creating a sleek and stylish living space. With a floor area of 60 square meters, and set on a level contour, it offers privacy and tranquility in its spacious courtyard and garden. The property has seen a significant Capital Value increase of 61%, from $280,000 in 2019 to $450,000 as of 2022. The HouGarden AVM estimates it at $432,500, while the latest sale history shows a jump from $191,500 in 2009 to $370,000 in 2021. Within the Cashmere High School zone, a decile 9 institution, this home is centrally located near amenities and top-rated schools, making it an ideal blend of convenience and potential investment returns.
With schools like Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Middleton Grange School (decile 9) in the vicinity, education opportunities are abundant. This property is not just about the numbers; it's about the lifestyle it offers. The motivated sellers are ready to clear their portfolio, presenting a golden opportunity for the right buyer. Don't miss your chance to secure this charming flat in a sought-after cul-de-sac.
Education is a key highlight, with this property being in the catchment area of some of Christchurch’s finest schools. The Cashmere High School zone, along with other well-regarded institutions, ensures access to quality education for all ages. Whether you are looking for a family home or a sound investment, this property is a must-consider.
Updated on October 23, 2024