Nestled in the serene Bishopdale, Christchurch, this 1976-built residential unit at 2/52 Highsted Road boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable brick walls and tiled roofing, the property stands on a level contour with a floor area of 100 square meters. It holds a Cross-Lease ownership title, maintaining a good wall and roof condition. The capital value has seen a rapid increase of 37.14% from $350,000 in 2019 to $480,000 as of 2022, with the HouGarden AVM estimating it at $442,500. The latest sale history records a transaction of $545,000 in 2024, following a previous sale of $482,000 in 2022.
With a prime location in a desirable school zone, the area offers a range of educational institutions. The nearby schools include Cotswold Matahae School with a decile rating of 8, Bishopdale School at 3, Breens Intermediate at 7, and Christ the King School at 8, among others. St Patrick's School in Bryndwr holds the highest decile rating of 10 in the zone, while Villa Maria College and Middleton Grange School are both rated at 9.
Emphasizing comfort and convenience, this property is not only an ideal investment with its increasing capital value but also a perfect choice for families with children, given the excellent school network.
Updated on December 11, 2024